Quality of injection molded parts is dependent on both mold design and processing conditions. From the mold design point of view, an optimal shrinkage should be used to compensate the shrinkage of molded parts. From the processing point of view, it is important to analyze the priority of processing conditions because a number processing conditions affect the quality of molded parts. Processing analysis employing the design of experiment was performed, and the shrinkage of molded part was considered as a characteristic parameter to improve the quality. As the result of the analysis of variance on SN ratio of a characteristic value, injection speed and bolding pressure were selected as two effective process parameters. Regression analysis on shrinkage and processing conditions was carried out, and an optimal processing condition was obtained by the response surface analysis. Shrinkage at the optimal condition could be used to reduce the number of try-cut at the step of mold making. The ranges of indirect control parameter, such as maximum cavity pressure or weight, measured at the optimal processing condition were used for monitoring the quality of molded parts in process.