Practical flood frequency estimates

The best information on which to base estimates of future flood frequencies is records of past flood events. Where there is a substantial record at the location for which estimates are desired the estimation process is generally straighforward, although a variety of methods is used and there is major uncertainty in the estimates. In general, the frequency of future events is assumed to be indicated by the observed frequency of past events under constant controlling watershed conditions.Techniques are available for using information on historical (pre-record) flood data to improve the reliability of flood frequency estimates. There are methods for detecting and managing extremely unusual actual events (outliers) and for improving the reliability of short-record estimates based on long-record data at related locations. Regional correlation analysis is usable for establishing flood frequency estimates for locations where records are not available.Detailed hydrologic analysis, usually involving rainfall-runoff studies, is required for establishing flood frequency relationships for modified conditions of the watershed or, in many cases, for establishing flood frequency estimates for newly formed drainage systems such as in urban areas and airports.The principal use of flood frequency functions is to compare expected changes in flood damages (due to a contemplated action) with the economic and social costs or benefits of the contemplated action.