The current disclosure describes a method for managing a plurality of resources associated with one or more user, hosted in one or more cloud platforms. The method comprises receiving resource utilization data associated with the plurality of resources and event data associated one or more user applications of the users, identifying one or more resources to be freed, based on resource utilization data and event data using a resource management model, identifying a set of resources related with each resource from the one or more resources and releasing each resource from the one or more resources and the set of related resources related with the corresponding each resource from the one or more resources. The resource management model is trained using resource management patterns from user data.