The intraseasonal Oscillation (ISO) is a very strong and coherent mode of variability observed in the Earths climate. Rainfall variability in the intraseasonal timescale is particularly strong in the Tropics and it directly interacts with the South Asian monsoon during boreal summer and with the Australian monsoon during winter. A detailed analysis of the horizontal and vertical structure of the ISO during both summer and winter is presented in this work considering the coupled ocean-atmosphere system. In addition, the role of the intraseasonal variability of the Southeast Asian monsoon is studied in detail. From the applications point of view, the intraseasonal time scale is arguably the most important period of variability. However, extended forecasting of intraseasonal activity has proven to be a difficult task for the state of the art numerical models. In order to improve the forecasts of the ISO activity over the Southeast Asian monsoon region, a physically based empirical scheme was designed. The scheme uses wavelet banding to separate the predictand and predictors into physically significant bands where linear regression followed by recombination of the bands is used to generate the forecast. Results of the empirical scheme suggest that isolating the evolution of the intraseasonal signal from higher frequency variability and noise improve the skill of the prediction. The hypothesis is that a similar phenomenon occurs in numerical models: The strong intraseasonal signal is eroded by high frequency errors due to the model parameterizations, especially in convection. To evaluate the hypothesis, a coupled ocean-atmosphere model was run in ensemble mode for 30 day periods initialized daily for 20 days before to 20 days after major intraseasonal oscillations, allowing the examination of the skill of the model relative to the phase of the oscillation. The results, which confirm the previous hypothesis, represent well the observations for about 7 days after which the magnitude of the errors is greater than the signal itself. An integration scheme was developed for the coupled ocean-atmosphere general circulation model in order to mimic the philosophy of the empirical scheme and use for 30-day forecasts. The propagation features associated to ISO activity are improved.