The document discusses the third stage of labor and management of postpartum hemorrhage. It describes the events of the third stage as separation and expulsion of the placenta within 15 minutes normally. It recommends active management with prophylactic oxytocin (10IU IM) after delivery, controlled cord traction, and uterine massage to reduce blood loss and duration. Complications of the third stage include PPH, retained placenta, and uterine inversion. The WHO guidelines recommend uterotonics for all births during the third stage to prevent PPH.