Higher monitoring cost is the main limiting factor in the application of geodetic receivers in dam deformation monitoring, as the number of receivers applied in one dam is always too large. In this paper, an improved GNSS monitoring scheme is proposed. Firstly, three-dimensional finite element model is built to simulate the main deformation part of the dam, and only one clocksynchronized dual-antenna receiver is used to set the reference and monitoring stations; then, the dam displacement warning standard is determined based on the relationship between the corresponding surface displacement and safety factor of the different mechanical parameter combination; finally, through BDS/GPS dam deformation monitoring system for Lijiaxia in China, the operating status of dam is evaluated. Through comparative analysis, it is found that the scheme is feasible.