Going by the research results of the past, of all the uncertainties resulting from the research on climate change, the uncertainty caused by the climate change scenario has the highest degree of uncertainty. Therefore, depending upon what kind of climate change scenario one adopts, the projection of the water resources in the future will differ significantly. As a matter of principle, it is highly recommended to utilize all the GCM scenarios offered by the IPCC. However, this could be considered to be an impractical alternative if a decision has to be made at an action officer's level. Hence, as an alternative, it is deemed necessary to select several scenarios so as to express the possible number of cases to the maximum extent possible. The objective standards in selecting the climate change scenarios have not been properly established and the scenarios have been selected, either at random or subject to the researcher's discretion. In this research, a new scenario selection process, in which it is possible to have the effect of having utilized all the possible scenarios, with using only a few principal scenarios and maintaining some of the uncertainties, has been suggested. In this research, the use of cluster analysis and the selection of a representative scenario in each cluster have efficiently reduced the number of climate change scenarios. In the cluster analysis method, the K-means clustering method, which takes advantage of the statistical features of scenarios has been employed; in the selection of a representative scenario in each cluster, the selection method was analyzed and reviewed and the PDF method was used to select the best scenarios with the closest simulation accuracy and the principal scenarios that is suggested by this research. In the selection of the best scenarios, it has been shown that the GCM scenario which demonstrated high level of simulation accuracy in the past need not necessarily demonstrate the similarly high level of simulation accuracy in the future and various GCM scenarios were selected for the principal scenarios. Secondly, the "Maximum entropy" which can quantify the uncertainties of the climate change scenario has been used to both quantify and compare the uncertainties associated with all the scenarios, best scenarios and the principal scenarios. Comparison has shown that the principal scenarios do maintain and are able to better explain the uncertainties of all the scenarios than the best scenarios. Therefore, through the scenario selection process, it has been proven that the principal scenarios have the effect of having utilized all the scenarios and retaining the uncertainties associated with the climate change to the maximum extent possible, while reducing the number of scenarios at the same time. Lastly, the climate change scenario most suitable for the climate on the Korean peninsula has been suggested. Through the scenario selection process, of all the scenarios found in the 4th IPCC report, principal climate change scenarios, which are suitable for the Korean peninsula and maintain most of the uncertainties, have been suggested. Therefore, it is assessed that the use of the scenario most suitable for the future projection of water resources on the Korean peninsula will be able to provide the projection of the water resources management that maintains more than 70~80% level of uncertainties of all the scenarios.