A massive flood of August 2006 in the city of Surat caused major human tragedy and damage to the property estimated at Rs 22,000 crore. Given the repeated floods in Surat policy makers, administrators, experts, and people have to rethink about how to improve dam management to reduce the risk of floods. This case study analyse in detail how Ukai dam was managed during the flood of August 2006 in the city of Surat. The exercise would help practitioners and policy makers in identification, analysis, and optimization of the conflicting decision making situations such as minimize risks of flooding and risk of lack of irrigation water in summer.