This volume provides an introduction for flood risk management practitioners, up-to-date methods for analysis of uncertainty and its use in risk-based decision making. It addresses decision making for both short term (real-time forecasting) and long term (flood risk planning under change) situations. It aims primarily at technical practitioners involved in flood risk analysis and flood warning, including hydrologists, engineers, flood modelers, risk analysts and those involved in the design and operation of flood warning systems. Many experienced practitioners are now expected to modify their way of working to fit into the new philosophy of flood risk management. This volume helps them to undertake that task with appropriate attention to the surrounding uncertainties. The book will also interest and benefit researchers and graduate students hoping to improve their knowledge of modern uncertainty analysis.