Prevention of postpartum hemorrhage is critical as blood loss within 2 hours of onset can result in death if 25% of blood volume is lost. Regular antenatal care, identification of high risk cases, delivery in well-equipped hospitals, and active management of the third stage of labor can prevent most cases. Active management includes immediate administration of uterotonic drugs like oxytocin, delayed clamping of the cord, controlled cord traction, and examination of the placenta. Oxytocin is the preferred uterotonic as it is very effective and does not have the side effect profile of other medications.