Stakeholders are individuals or groups that have an interest or concern in a particular project, program, or activity. In the context of monitoring and evaluation (M&E), stakeholders are those who have a vested interest in the success of the M&E process, the findings, and the outcomes.

Here are some examples of stakeholders in M&E:

1. Project/program managers: These are the individuals responsible for the day-to-day management of the project or program being evaluated. They have a vested interest in the M&E process to ensure the project or program is on track, and they can make any necessary adjustments.
2. Funding agencies: These are the organizations or individuals providing the financial resources to support the project or program. They have an interest in the M&E process to ensure that their investment is being used effectively and efficiently.
3. Donors: These are individuals or organizations that provide financial or in-kind donations to the project or program. They have an interest in the M&E process to ensure that their contributions are being used effectively and that the project or program is meeting its goals.
4. Beneficiaries: The beneficiaries in monitoring and evaluation are the individuals or communities that are directly affected by the project or program. They have an interest in the M&E process to ensure that the project or program is meeting their needs and improving their lives.
5. Implementing partners: These are the organizations or individuals responsible for implementing the project or program on the ground. They have an interest in the M&E process to ensure that they are meeting the project or program’s objectives and to make any necessary adjustments.
6. Government officials: These are the officials responsible for overseeing the project or program at the national or local level. They have an interest in the M&E process to ensure that the project or program is aligned with government policies and priorities.
7. Researchers: These are individuals or organizations that conduct research on the project or program. They have an interest in the M&E process to gather data and insights to inform their research.

Overall, stakeholders in M&E play a critical role in ensuring that the monitoring and evaluation is effective, and efficient, and produces meaningful insights to improve project or program outcomes.