I have upgraded my project by following the instructions given in the following link.
as mention in the link I have downloaded the sitefinity latest project manager(8.2 Trial version) and follow the up-gradation procedure and then it stuck on the following message.
Timestamp: 2/16/2016 7:25:26 AM
Message: PASSED : OpenAccessPageProvider : Upgrad AllowParameterValidation
And I waited the entire day in hopes that it may proceed but it didn't !
I have also attached the UpgradeTrace.txt file image.