Resource management based on device-specific or user-specific resource usage profiles

Resources used by a foreground process associated with an application as well as one or more background tasks associated with the application that are running as separate processes on the computing device are tracked. Historical data relating to resource usage by the application is utilized to predict a resource usage amount for the application which is then stored. A subsequent launch of the application can be conditioned upon whether the predicted resource usage amount is available. If the predicted resource usage amount is available, it can be allocated to the application and the application can be launched. If the application then exceeds the predicted resource usage amount, other processes executing concurrently therewith may be terminated to free up the resource. Regardless of how the application performs, new resource usage data is obtained for the application, which is then used to adjust the predicted resource usage amount.