In view of the real-time and distributed features of Internet of Things (IoT) safety system in water conservancy engineering, this study proposed a new safety system architecture for water conservancy engineering based on cloud/fog computing and put forward a method of data reliability detection for the false alarm caused by false abnormal data from the bottom sensors. Designed for the South-North Water Transfer Project (SNWTP), the architecture integrated project safety, water quality safety, and human safety. Using IoT devices, fog computing layer was constructed between cloud server and safety detection devices in water conservancy projects. Technologies such as real-time sensing, intelligent processing, and information interconnection were developed. Therefore, accurate forecasting, accurate positioning, and efficient management were implemented as required by safety prevention of the SNWTP, and safety protection of water conservancy projects was effectively improved, and intelligential water conservancy engineering was developed.