This chapter provides detail description of Management of the third stage of labor. Chapter has 4 well illustrated diagrams and pictures. Physiological changes of third stage of labor, placental separation, planning for time cord clamping, placental retention, postpartum haemorrhage, abnormal placentation, velamentouse insertion of the cord, partial vesicular mole, twin placenta, abnormal implantation, placenta previa, placenta increta, placenta percreta are described in detail. 37 references are included at the end of the chapter to facilitate further reading.