A method comprises, receiving, at each of a plurality of computing devices, a task execution estimation request message from a central server, the task execution estimation request message comprising a worst-case execution time (WCET) corresponding to the computing device. The method further comprises, computing, by each of the plurality of computing devices, an estimate task execution time for the task based on the WCET and a state transition model corresponding to the computing device, wherein the state transition model indicates available processing resources corresponding to the computing device. Further, the method comprises transmitting, by each of the plurality of computing devices, the estimate task execution time to the central server for allocation of the task to a computing device from amongst the plurality of computing devices based on the estimate task execution time corresponding to the computing device.