Aartificial intelligence has found its way into almost everything that humans have built. Water Consumption Management is one such field that has recently been paving way for AI. This paper primarily focuses on the management of water consumption using AI. This technique analyses the domestic water utilization and helps one regulate the wastage by controlling the water supply during hours of least usage. It smartly tracks when the water consumption is high and automatically suggests when the water supply should be cut off to facilitate the distribution and efficient usage of available fresh water. The amount of optimal water usage is decided based on predicted rainfall for the following month, population of the particular area and real time water consumption. This technique provides personalized solutions for every household by taking into account number of family members, area of residence, etc. The functionality of this Smart Water Consumption Management system is extended by visualizing the data and providing important insights to the user. This can also be used in manufacturing industries, corporate offices and government offices.