Dynamic Queuing of a graph based on run parameters received from frontend: Is it possible to queue run of a graph based on the parameters received in the run_config.

You can specify a tag in a frontend that will prioritize your job: like

tags={"dagster/priority": "3"}

when you are in lunchpad click edit tags button and attach it to your run.

Could you please elaborate on how can we do this.

I don't think you can adjust the queue priority using parameters in the run_config, but like Jakub said you can apply tags to the run at launch time which will set the queue priority. https://docs.dagster.io/deployment/run-coordinator#run-limits