I am a little confused on why my CentOS box is using so much RAM.  I currently have a small test setup which only has 12GB of ram total.

When I log into the administrative interface it tells me:

Memory

4.3

Available
of 15.5 GiB 
Over commit: 39% (allocated 45%)

11.1 GB Used

Currently I am only running 3 VMs with memory allocations as follows:

Defined Memory:
1024 MB
Physical Memory Guaranteed:
1024 MB

Defined Memory:
3072 MB
Physical Memory Guaranteed:
3072 MB

Defined Memory:
2048 MB
Physical Memory Guaranteed:
2048 MB
Or 6144MB used by VM

If I SSH into my ovirt host, and run TOP and sort by memory, the top usage items are:
31896 qemu      21.5% 727:21.44 qemu-kvm
 6008 qemu        14.6% 190:33.70 qemu-kvm
 3019 ovirt            13.6%  35:47.64 java
 5800 qemu         8.5% 784:26.88 qemu-kvm
 2565 ovirt            3.9%  62:58.00 java

Everything else is pretty small compared, but for the OVIRT/QEMU we roughly get
Total: 62% = 7.45GB

So I am a bit confused as to the Ram being reported to me by the system (15.5GGB, but the system only has 12GB), and assuming OVIRT is using around 7-8GB, does a bare minimal install of CentOS really need 4-5GB of Ram to run?

This is a bare minimal install of CentOS7 running only Webmin and oVirt.  I think there are several things I don't understand here, and I am quite new to oVirt and would like to learn, so please excuse my inexperience if this is a silly question!

Thanks either way, I am really happy I ditched my ESXi box :D