One of the consequences of recent glacier recession in the Cordillera Blanca, Peru, is the risk of glacial lake outburst floods (GLOFs) from lakes that have formed at the base of retreating glaciers. GLOFs are often triggered by avalanches falling into glacial lakes, initiating a chain of processes that may culminate in significant inundation and destruction downstream. This paper presents simulations of all of the processes involved in a potential GLOF originating from Lake Palcacocha, the source of a previously catastrophic GLOF on 13 December 1941, killing about 1800 people in the city of Huaraz, Peru.