A water management system provides much improved waterproofing drainage system particularly, but not limited to foundations, new or existing. The includes a form, clean washed stone, soil separating filter cloth, backfilling soil, and drainage pipe to drain out all water away from the structure. This system is easily installed and creates an even “wall” of gravel around structural walls minimizing the costs of materials making it very cost-effective. This system removes all hydrostatic pressure from structural walls eliminating the cause of water infiltration to the interior of basement walls. Water infiltration in basement walls results in mold, mildew, high humidity, and poor air quality.