The document discusses unit hydrographs and their applications in flood prediction. A unit hydrograph models the runoff response of a watershed to one inch of excess rainfall over a given duration. It can be used to predict the runoff hydrograph from a storm of any size by applying the principles of superposition and proportionality. The key steps in developing a unit hydrograph involve analyzing rainfall and runoff data from a storm event to separate baseflow, calculating the volume of excess runoff, and adjusting the hydrograph to represent the response to one inch of rainfall.