This report introduces the concept of cultural heritage management and applies certain principles of intangible cultural heritage management for preserving Kakadu National Park of Australia. It evaluates the sustainability principles of Cultural Heritage Management and the impact of change in the climatic conditions at Kakadu National Park. It also highlights the implementation of the principles of CHM at the Kakadu National Park considering the participation of the stakeholders and sustainable strategies and processes for implementing those procedures on the park. The report investigates the problems arising at Kakadu National Park and commitments towards stakeholder management and sustainability. It also analyzes the issues and trends regarding the role of public, private and informational sectors in Environment and Cultural Tourism initiatives with special focus on Intangible CHM. Finally, it recommends logical and rational solutions to acquire sustainable results for improvements to existing and/or introduction of new sustainability strategies.