This paper highlights the effect of the temperature and cutting forces generated on the tip of the Single Point Cutting Tool (SPCT) while working. In a experimental work, temperature measurement is done by using thermocouple at various depth of cut and it found that the temperature increases with increase in depth of cut. Cutting forces acting on cutting tool are determined analytically at different depth of cut. Modeling of single point cutting tool is done by PRO-Engineer Wildfire-4 software. The model is then imported in ANSYS software and meshing is done. Then the temperature readings and the forces calculated at different depths of cut are given as an input to the software. The software analyzed the model by finite element analysis at various forces and calculated the stresses developed at the tip of the tool and also the deformation of the tip of the tool. In Finite element analysis of single point cutting tool the maximum stresses are developed at the tip of tool which is the main cause of failure. Also the maximum deformation takes place at the tip of tool which blunts the tool, is the cause of failure.