Real time monitoring and control of a modern power system has achieved significant development since the incorporation of the phasor measurement unit (PMU). Due to the time-synchronized capabilities, PMU has increased the situational awareness (SA) in a wide area measurement system (WAMS). Operator SA depends on the data pertaining to the real-time health of the grid. This is measured by PMUs and is accessible for data analytics at the data monitoring station referred to as the phasor data concentrator (PDC). Availability of the communication system and communication delay are two of the decisive factors governing the operator SA. This paper presents a pragmatic metric to assess the operator SA and ensure optimal locations for the placement of PMUs, PDC, and the underlying communication infrastructure to increase the efficacy of operator SA. The uses of digital elevation model (DEM) data of the surface topography to determine the optimal locations for the placement of the PMU, and the microwave technology for communicating synchrophasor data is another important contribution carried out in this paper. The practical power grid system of Bihar in India is considered as a case study, and extensive simulation results and analysis are presented for validating the proposed methodology.