Many lot of books introduce the methods to calculate the time of concentration, and these are described as various forms of formulas. There are few formulas appropriate for our basin characteristics Therefone, there are problems to make excessive or less estimation when these formulas are used. To solve these problems, comparison of formulas and sensitivity analysis for them were made with converting parameters. Finally, Time of concentration was estimated to derive Application limits for 3 watersheds by standardized formulas. In the case of input parameters analysis, SCS formula has the highest value by the length, Kerby by the height and SCS by the slope, respectively, while Kraven formula has the lowest value among them. Concerning the relative sensitivity by Taylor series, the time of concentration showed the constant effect while increasing of the length and slope, and the length was more sensitive than the slope in parameters. Finally the standardization formula developed in this study was applied to derive application limits for 3 watersheds(total 17 subbasins). In this case, Rziha(8 subbasins) and SCS(9 subbasins) formulas were the most similar to observed data of total 17 subbasins respectively. Application limits were about 300~500$ extrm{km}^2$ area, 30~60km length and under 0.01 slope for Rziha formula and about 100~200$ extrm{km}^2$ area, 10~30km length, and over 0.01 slope for SCS formula, respectively.