Dynamic administration of event pools for relevant event and alert analysis during event storms including receiving, by an events analyzer from an events queue, a plurality of events from one or more components of the distributed processing system, each event including an occurred time and a logged time; creating, by the event analyzer, an events pool; determining whether an arrival rate of the events from the components of the distributed processing system is greater than a predetermined threshold; if the arrival rate is greater than the predetermined threshold, assigning, by the events analyzer, a plurality of events to the events pool in dependence upon their occurred time; and if the arrival rate is not greater than the predetermined threshold, assigning, by the events analyzer, a plurality of events to the events pool in dependence upon their logged time.