A mobile device adapted for dynamic power management. The mobile device includes an output power port, a voltage converter adapted to convert an input voltage to provide an output voltage to the output power port, and a processor. The processor is adapted to monitor at least one load electrically to determine when the at least one load will become active or inactive, determine a minimum required output voltage to be provided by the voltage converter based on the at least one load that will become active or inactive, control the voltage converter to provide at least the minimum required output voltage on the output power port in advance of the at least one load becoming active or after the at least one load becomes inactive, and when the input voltage is below the first threshold, control the voltage converter to reduce the output voltage.