Disclosed are an apparatus and a method for managing radio resources, capable of effectively managing radio resources. When a normal call and a handover call are attempted, radio resources are allocated and it is determined whether or not to perform an overload control based on received load related information and then it is determined whether or not to admit the call depending on an availability of a bandwidth for radio resources, a priority of real time traffic or a locking probability of data. The quality and efficiency of a mobile communication service is enhanced by pertaining an effective allocation on radio resources and controlling the load of radio resources in the mobile communication system. The radio resource managing apparatus and method using the same are applied to IMT (International Mobile Telecommunications)-Advanced system base station, thereby optimizing the efficiency of radio resources.