Engineering design is the preliminary and significant technique for manufacturing the machine parts. Conventional design methodology is the process by which desired models are transformed into real parts. Using reverse engineering concept, the real parts are transformed into models. This article deals with developing a methodology for reverse engineering of machine parts with parametric surfaces. Real part was digitized with 3D scanner and obtained digital data was processed with Geomagic DESIGN X to create 3D solid model. Numerical Codes (NC) are generated in Edgecam software by utilizing the solid model and the new part was manufactured in MAZAK INTEGREX a Computer Numerical Control (CNC) machine. Inspection procedure was performed before and after manufacturing of the new part using GOM Inspect 3D.