This chapter seeks to support community-based natural resource management by providing a framework for analysis and understanding of two closely interrelated themes: stakeholder analysis and conflict management. The origin and meaning of stakeholders and of stakeholder analysis are sketched. A conceptual framework is proposed as a template to relate two common situations: those in which stakeholders share enough consensus around an issue to collaborate and those stressful situations in which conflict is a given reality and stakeholders may not be certain about the value of joint decision-making or negotiation. Further, this chapter mentions some general principles fundamental in stakeholder negotiations, namely, voice (participation) and procedural justice (agreement on the fairness of rules for collaboration).