A virtualized computer platform is established and maintained by virtualization software on one or more physical computers. A multicomponent software application may execute on the virtualized computer platform, with different components of the application executing in different virtual machines, which are supported by the virtualization software. The virtualization software may also provide, and / or facilitate the provision of, one or more services that may be beneficial to the operation of the multicomponent software application, such as automated provisioning, resource allocation, VM distribution, performance monitoring, resource management, high availability, backup, disaster recovery, alarms, security, etc. In some embodiments of the invention, some of these services are provided through coordinated efforts of a system resource manager, a VM manager, an application monitor and an application resource manager. In some of these embodiments, an application monitor and an application manager may be included with a multicomponent software application in a single installation package.