Since the introduction into flood risk analysis, the partial duration
series method has gained increasing acceptance as an appealing alterna
tive to the annual maximum series method. However, when the base flow
is low, there is clustering in the flood peak or flow volume point pro
cess. In this case, the general stochastic point process model is not
suitable to risk analysis. Therefore, two types of models for flood ri
sk analysis are derived on the basis of clustering stochastic point pr
ocess theory in this paper. The most remarkable characteristic of thes
e models is that the flood risk is considered directly within the time
domain. The acceptability of different models are also discussed with
the combination of the flood peak counted process in twenty years at
Yichang station on the Yangtze river. The result shows that the two ki
nds of models are suitable ones for flood risk analysis, which are mor
e flexible compared with the traditional flood risk models derived on
the basis of annual maximum series method or the general stochastic po
int process theory.