Note: These steps work for an ESXi 5.5 and above environment if the VMwaretools hardware version is less than 9. If your hardware version is not less than 9 use the VMware Web Client to access the same functionality. For more information, see Use Disk Shares to Prioritize Virtual Machines in the vSphere Web Client from the VMware vSphere 5.5 Documentation Center.
Note: Steps to fallback to mechanism in "a" from "b" in "ESXi 6.0 and above for VMFS datastore" and "ESXi 6.5 for NFS datastore" is as follows:
Edit Per File I/O Scheduling.