Abstract: A time series is created that measures a remaining budget amount for a given time period, where the budget amount indicates a maximum number of occurrences of an event allowed for the given time period. More specifically, the given time period is divided into multiple time intervals. For each time interval, a number of occurrences of the event are calculated and detracted from the remaining budget amount to determine a remaining budget amount at the end of the time interval. These time values and associated remaining budget amounts are used to create the time series. This time series may be monitored in real-time, and actions may be taken to avoid future occurrences of the event in response to determining that the remaining budget amount falls below a threshold.