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For cost-effective realization of sizable realtime distributed computing application systems, significant advances in resource allocation are in critical needs. An advanced practical scheme for high-level programming of real-time distributed computing software such as the TMO (Time-triggered Message-triggered Object) scheme introduces the potential for realizing new improved resource allocation approaches. The main reason is because it provides information-rich intuitively appealing timing specifications. However, to properly exploit the potential, a number of issues need to be resolved via extensive research involving both analytical and experimental efforts. A hierarchical resource allocation scheme that becomes enabled by use of the TMO programming model is discussed along with the remaining research issues.