In this study, an implicit one-dimensional model, DWRM(Dynamic Wave Routing Model) was developed by using the four-point weighted difference method. By applying the developed model to the Keum River, the parameters were calibrated and the model applicability was tested through the comparison between observed and computed water levels. In addition, the effects of the construction of an estuary dam to the flood wave were estimated as a result of the model application. The results of the study can be summarized as follows; 1. The roughness coefficients were evaluated by comparison between observed and computed water level at Jindu, Gyuam and Ganggyeung station in 1985. The Root Mean Squares for water level differences between observed and computed values were 0.10, 0.11, 0. 29m and the differences of peak flood levels were 0.07, 0.02, 0. 07m at each station. Since the evaluated roughness coefficients were within the range of 0.029-0.041 showing the realistic value for the general condition of rivers, it can be concluded that the calibration has been completed. 2. By the application of model using the calibrated roughness coefficients, the R. M. S. for water level differences were 0.16, 0.24, 0. 24m and the differences of peak flood level were 0.17, 0.13,0.08 m at each station. The arrival time of peak flood at each station and the stage-discharge relationship at Gongju station agreed well with the observed values. Therefore, it was concluded that the model could be applied to the Keum River. 3. The model was applied under conditions before and after the construction of the estuary dam. The 50-year frequency flood which had 7, 800m$^3$/sec of peak flood was used as the upstream condition, and the spring tide and the neap tide were used as the downstream condition. As the results of the application, no change of the peak flood level was showed in the upper reaches of 19.2km upstream from the estuary dam. For areas near 9.6km upstream from the estuary dam, the change of the peak flood level under the condition before and after the construction was 0. 2m. However considering the assumptions for the boundary conditions of downstream, the change of peak flood level would be decreased.