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Paper describes parking guidance system with space management deals with to increase the utility of parking space to park more and more vehicle which based on IR sensor network and Microcontroller. System shows the mathematical equation for finding shortest path of the slot to be monitored, system help us to save the time required to park the vehicle. Parking guidance system design is based on timing, spacing and routing equations. This system is very effectively useful as compared to thedoi:10.1109/ipc.2007.29 dblp:conf/ipc/KumarCS07 fatcat:tlkunkchi5cydbvjomy7lbbtrm