This paper is an attempt to address this weakness in current M&E methods and instruments in public-private partnerships. It provides new insights to participatory and process-oriented approaches on Monitoring and Evaluation (M&E) of multi-stakeholder partnerships. The paper is focusing on the following central research question:
Which participatory and process-oriented methods of monitoring and evaluation have been developed over the past decades and what is their applicability in the context of processes of multi-stakeholder dialogue and building partnerships in local contexts?
This paper first presents an overview of developments, lessons learned and critical success factors in developing multi-stakeholder partnerships. Subsequently it provides an overview of recently developed participatory and process oriented M&E methods and tools and a selection of these have been adapted and tested in a field-study on local economic development processes in two municipalities in Macedonia.