Dynamic programming is a method of solving multi-stage problems in which decisions at one stage become the conditions governing the succeeding stages. It can be applied to the management of water reservoirs, allowing them to be operated more efficiently. Originally published in 2007, this is one of the few books dedicated solely to dynamic programming techniques used in reservoir management. It presents the applicability of these techniques and their limits on the operational analysis of reservoir systems. The dynamic programming models presented in this book have been applied to reservoir systems all over the world, helping the reader to appreciate the applicability and limits of these models. The book also includes a model for the operation of a reservoir during an emergency situation. This volume will be a valuable reference to researchers in hydrology, water resources and engineering, as well as professionals in reservoir management.