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You can change the size of an instance by changing its flavor. This rebuilds the instance and therefore results in a restart

Web Interface

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1. 

  1. In Web Interface Compute->Instances, select the VM you wish to resize

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  1. Shut down the Instance and create a snapshot to prevent data loss.

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  1. Click the drop-down menu on the right-hand side (in Actions column) and select RESIZE INSTANCE

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  2. Select the new flavor from the drop-down menu in the pop-up.

    Click on the RESIZE button

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Command Line

Get the serverID and flavorID 

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