1. A system for generating throttling parameters for an information technology (IT) management system based on historical event log data, comprising: an identification system that examines events in the historical event log data and identifies throttling candidates, wherein each throttling candidate comprises an event type for a series of redundant events that reoccur over at least one measured time period; and an analysis system that statistically analyzes event data associated with each throttling candidate and generates a set of throttling parameters for each throttling candidate based on the event data.