Usage Monitor lets you set watch limits on processes to know when your process is using too much. Watch limits can be placed on Memory Usage, GDI Objects, and USER Objects. This is a great tool for any developer.

Features:
Monitor Memory Usage, GDI Objects, USER Objects
Minimize to the system tray for uncluttered monitoring
Audible and visual alarm is triggered when a limit has been surpassed
Alarms can execute a file
Display all processes or only processes you are monitoring