Analysis of the injection-molding process based on Leonov viscoelastic fluid model has been employed to study the effects of process conditions on the residual stress and birefringence development in injection-molded parts during the entire molding process. An integrated formulation was derived and numerically implemented to solve the nonisothermal, compressible, and viscoelastic nature of polymer melt flow. Simulations under process conditions of different melt temperatures, mold temperatures, filling speeds, and packing pressures are performed to predict the birefringence variation in both gapwise and planar direction. It has been found that melt temperature and the associated frozen layer thickness are the dominant factors that determine the birefringence development within the molded part. For a higher mold temperature, melt temperature, and injection speed, the averaged birefringence along gapwise direction is lower. The birefringence also increases significantly with the increased packing pressure especially along gate area. The simulated results show good consistency with those measured experimentally.