This study offers a useful model that links the assessment of wireless systems with concepts from engineering management. Its objective is to facilitate better planning and operational decision-making in addition to enhancing technical performance. This study examines smart wireless networks from a technical and managerial standpoint. The model's evaluates economic viability by conducting a cost-benefit analysis and running performance simulations. The findings suggest that management tools can help increase overall system reliability by directing resource usage. I think a more balanced viewpoint is provided by integrating technical evaluation with management techniques. When making decisions that require balancing cost, performance, and future scalability, this is extremely helpful............ Keywords: ............Wireless systems, engineering management, performance evaluation, cost optimization, smart networks, simulation modelling.