%X As Grid computing is becoming an inevitable future, managing, scheduling and monitoring dynamic, heterogeneous resources will present new challenges. Solutions will have to be agile and adaptive, support self-organization and autonomous management, while maintaining optimal resource utilisation. Presented in this paper are basic principles and architectural concepts for efficient resource allocation in heterogeneous Grid environment. %T Resource and Application Models for Advanced Grid Schedulers %L discovery5089 %A A. Lazarevic %A L. Sacks %D 2003 %C UCL, London