In order to construct a dam, the diversion facility such as cofferdam and a diversion tunnel should be installed in advance. And size of a cofferdam depends on type of a main dam. According to the Korea Dam Design Standard, if the main dam is a concrete dam, design flood of the cofferdam is 1~2 years flood frequency. This means that overflow of the cofferdam occurs one time for 1 or 2 years, therefore, stability of the cofferdam should be secured against any overflow problem. In this study, failure probability analysis for the concrete cofferdam is performed considering the overflow. First of all, limit state function of the concrete cofferdam is defined for overturning, sliding and base pressure, and upstream water levels are set as El. 501 m, El. 503 m, El. 505 m, El. 507 m. Also, after literature investigation research, probabilistic characteristics of various random variables are determined, the failure probability of the concrete cofferdam is calculated using the Monte Carlo Simulation. As a result of the analysis, when the upstream water level rises, it means overflow, the failure probability increases rapidly. In particular, the failure probability is largest in case of flood loading condition. It is considered that the high upstream water level causes increase of the upstream water pressure and the uplift pressure on the foundation. In addition, among the overturning, the sliding and the base pressure, the overturing is the major cause for the cofferdam failure considering the overflow.