This paper introduced the basic theory of LRCS(Linear Reservoir and Channel System) rainfall runoff model proposed by Korean researchers(Lee and Lee, 1995), and discussed the change of model output according to objective functions in sensitivity analysis and calibration process of model. It proposed "hat" matrix and affluence measures for affluence analysis of parameters in calibration, and investigated relationship between change of model output according to error propagation in parameter estimation, and sensitivity of model output according to variance of model output and change of parameters. Accuracy of parameter estimates was known by analysis of sensitivity coefficient, diagonal element $h_i$ and $D_i$._i$</TEX>.