In this study, real-time forecasting model(Neural Dam Inflow Forecasting Model; NDIFM) based on neural network to predict the dam inflow which is occurred by flood runoff is developed and applied to check its availability for the operation of multi-purpose reservoir Developed model Is applied to predict the flood Inflow on dam Nam-Gang in Nak-dong river basin where the rate of flood control dependent on reservoir operation is high. The input data for this model are average rainfall data composed of mean areal rainfall of upstream basin from dam location, observed inflow data, and predicted inflow data. As a result of the simulation for flood inflow forecasting, it is found that NDIFM-I is the best predictive model for real-time operation. In addition, the results of forecasting used on NDIFM-II and NDIFM-III are not bad and these models showed wide range of applicability for real-time forecasting. Consequently, if the quality of observed hydrological data is improved, it is expected that the neural network model which is black-box model can be utilized for real-time flood forecasting rather than conceptual models of which physical parameter is complex.