An electronic device for performing power management is provided. The electronic device includes a display; and a processor configured to in response to receiving an input for switching to a power management mode, control the display to display first guide data for determining whether to perform a power management operation, in response to receiving a first input for performing the power management operation, control the display to display second guide data related to one or more methods of the power management operation, and perform the power management operation based on a selection of at least one from among the one or more methods.