The importance of the concept of alternatives in the management of water resources has been further elaborated, reflecting on the basic arguements presented in the earlier paper [1] as well as making reference to the recent studies on lake/river basin management issues identified in Japan and in some of the developing countries [2]. A general framework of analysis proposed by Hufschmidt and McCauly [6] for integrating issues identified in these international studies was noted as reflecting the observations of historic importance in the U.S. water resource management. Though extremely useful, the proposed framework falls short of providing for unique national orientations in such countries as Japan where contemporary water resource planning and management has been looked upon more as public enterprising than water management in true sense of the words.