Event management system for distributed computing environment

A management system for event management in a computer network includes management interfaces residing on an administrative computers, management engines residing on server computers, and management agents residing on managed computers within the network. The management agent uses alarms corresponding to predefined events to notify the management interface via the management engine if the predefined events occur, thereby allowing the system administrator to administer the managed computer network. The management agents may also include corrective scripts which are automatically executed in response to the predefined events and a threshold adjustment module which adjusts threshold values which are used to trigger the alarms.