A system and method for dynamically managing application loads on a vehicle includes: receiving a plurality of distinct application requests; for each one application request, identifying expected computing resource expenditure data based on one or more attributes of each one application request; and identifying current state data for each of a plurality of computing resources of the vehicle based on an expected utilization of each of the plurality of computing resources for fulfilling each one application request; dynamically generating an execution schedule for executing a subset of or each of the plurality of distinct application requests based on (1) the expected computing resource expenditure data for each one application request and (2) the current state data for each of the plurality of computing resources of the vehicle; and executing the subset of or each of the plurality of distinct application requests based on the execution schedule.