This paper describes the outcome of the design of a 200 kW class micro gas turbine and the sensitivity of its performance (efficiency and power) to the variations in major design parameters. The reference design parameters were set up based on the best available component technologies. The resulting net electricity generation efficiency of the micro gas turbine package was found to be competitive to those of other systems in the market. The sensitivities of power and efficiency to the variations in compressor and turbine efficiencies, pressure ratio, turbine inlet temperature, recuperator effectiveness, secondary air ratio, pressure loss ratios of both the cold and hot sides of the recuperator were estimated. Based on the sensitivity data, a simplified method to predict the variation in system performance responding to the combinations of small changes in all design parameters were set up and validated.