Abstract:
A  hydrological  forecast  is the prior estimate of the future state of hydrological   phenomena  based   on  the  knowledge  of  underlying  physical  laws  and the modifying effects of specific geographic conditions. The report gives various elements of flood forecasting i.e. necessity of flood forecasting and flood warning, types  of  river  forecasts, development of  hydrological forecasting, data requirements for forecasting etc. 
The  report  briefly describes and  reviews  various flood  forecasting models. The  available  models  for  flood  forecasting  can  be  broadly  classified  in three categories  i.e.(i)  The  models  that  make  use of  equations  of  continuity, energy and  momentum  to describe the movement of water in the  hydrological cycle (ii) conceptual  models or   watershed models which represent component processes in  the hydrological cycle  and (iii) Input-output  models  or  black  box  models which identify  a relationship  between the  input  and  output without attempting to describe the transformation process. 
The  review  of  literature  reveals  that  models  based  on  unit  hydrograph and  ARMAX  type models are very simple to use and  have shown good potential for  online  flood  forecasting.  The  suitability  of  these  models  should  be tested on broader data base.