You can increase swap space in runtime as below. Below example shows howto add 1 GB swap space in existing swap space.
Steps :
1. First check existing swap space.
# free -mt
2. Create new zero filled file as below.
# dd if=/dev/zero of=/var/swapfile-1G.swp bs=1M count=1024
3. Change the permissions of file.
# chmod 600 /var/swapfile-1G.swp
4. Convert this file as file drive.
# mkswap /var/swapfile-1G.swp
5. Now attach this file drive in existing swap.
# swapon /var/swapfile-1G.swp
6. You can also detach this file drive using following command.
# swapoff /var/swapfile-1G.swp