Lately water quality of Daechong Reservoir has become more eutrophicated than ever before and there has been much concern over especially the eutrophication of the embayment near Daejon and Chongju Water Intake Tower every summer. The purpose of this study is to predict the impact of change in the pollutant loading, flowrate, nitrogen and phosphorus release from sediment, SOD(sediment oxygen demand) upon the water quality of Daechong Reservoir by WASP5/EUTR05 in order to suggest water quality management alternatives. The data of Sep. 1995 were used for the calibration of the model and those of Sep. 1997 was for verification. The result of the modeling can be summarized as follows. 1. The 50% increase(decrease) of pollutant loading has caused that of T-N concentration by 0.10-0.14 mg/l, T-P concentration by 0.003-0.005 mg/l, and CBOD concentration by 0.16-0.18 mg/l. But the ratio of DO change by the change of pollutant loading was relatively small. 2. The sensitivity test of NH4 flux to T-N and that of P04 flux to T-P shows that T-N and T-P concentration were changed more in the epilimnion segments (SEG4, SEG5, SEG6, SEG7) than the other segments. As SOD increases, DO was predicted to decrease more especially in the hypolimnion (SEG9-SEG14). 3. As flowrate increase, the concentration of T-N, T-P, and CBOD were predicted to decrease, but DO concentration increased especially in the hypolimnion segments(SEG11, SEG12, SEG13, and SEG14). As the flowrate changed from $119m^3/sec$ to $50m^3/sec$, the concentration of T-N and CBOD in the hypolimnion was predicted to decrease.