A power management apparatus and a power management method are provided. The method includes the following steps. Conduct a first current path during a first period. Provide a first voltage to an operation end when the first current path conducts and a microprocessor is disabled. The first voltage is used to selectively conduct a second path during the first period. Provide a second voltage to the microprocessor when the second current path conducts. The second voltage is used to turn on the microprocessor. Provide a third voltage to the operation end by the microprocessor when the microprocessor is turned on. The third voltage is used to keep the second current path conducted.