Yemen’s Comprehensive National Dialogue document presents a key moment in the nation’s contemporary political situation. This paper examines the document with the aim of answering questions like: What are the document’s real outcomes? To what extent does the National Dialogue document meet the objectives of February 2011 revolution and the ambitions of the Yemeni people of building a civil democratic modern country? What are the winning and losing powers in this dialogue? To what extent can the damaged powers hinder the implementation of the dialogue’s outcome? To what extent can the political and social beneficiaries apply pressure on different official and unofficial actors to implement the outcomes of the conference? What are the outcomes that might be implemented and those of which implementations might face obstacles? Giving background to the document and the situation in Yemen, the paper makes an analysis of the document and forecasts its chance of success.