Method and system for managing environment

A method 100 and a system for managing an environment is provided. The method 100 comprises receiving from a long-range transceiver device 102 and from a plurality of short-range transceiver devices 104 installed in the environment, information related to change in state of long-range signals and short-range signals, respectively; determining propagation characteristics of the long-range signals and the short-range signals 106; determine a current location and a current state of at least one of the one or more objects in the environment based on the propagation characteristics of the short-range signals and verified by the propagation characteristics of the long-range signals 108; communicating the current location and the current state for each of the one or more objects in the environment to an environment management system 110; and configuring the environment management system to adapt operations parameters of the environment 112.