A program aiming at predicting dynamic characteristics of a Liquid Rocket Engine(LRE) was developed and examined to trace entire LRE operation. In the startup period, transient characteristics of the propellant flows were predicted and validated with hydraulic tests data. An arrangement of each component for the pipelines was based on an operating circuit of open cycle LRE. The flow rate ratio for the gas generator and the main chamber was determined to mimic that of real open cycle LRE. Individual component modeling at its transient was completed and was integrated into the system prediction program. Essential parameters of the component dynamic characteristics were examined in an integrated fashion.