The document discusses different methods for managing floods to reduce their impact, including both hard and soft engineering techniques. Hard engineering techniques like dams, embankments, and flood walls aim to control rivers through complicated engineering structures, while soft engineering works with natural river processes using methods such as washlands, land-use zoning, and afforestation. The effectiveness and sustainability of management schemes depends on factors like the land value, number of affected people, costs, and how well the schemes control flooding over the long run.