A method of implementing virtualization involves dynamic, temporary resource pools. A virtualizing subsystem is capable of partitioning a plurality of physical resources to create resource pools. The virtualizing subsystem is further capable of creating separate environments that logically isolate applications from each other, and assigning a created separate environment to a created resource pool. A separate environment is configured by defining properties of the separate environment. Configuring the separate environment includes specifying at least one resource pool attribute. When the separate environment is started, a temporary resource pool is created from available physical resources and the separate environment is assigned to the temporary resource pool. The temporary resource pool is created in accordance with the at least one resource pool attribute specified when the separate environment was configured. The temporary resource pool may be destroyed when the separate environment is shutdown.