A method, system, and computer program product for managing software program installations in a cloud computing environment. An example method includes calculating, by a computer processor, a maximum number of software licenses that could be required according to a software license rule from a software license agreement to run a set of software program instances on a set of servers configured as a computing cloud. Each software program instance is an installation of the software program on a different logical partition, and at least two of the servers from the set of servers are capable of requiring a different number of software licenses according to the software license rule. The method also includes determining if the maximum number of software licenses exceeds an allowed number of software licenses granted in the software license agreement.