In the present work, a dynamic model has been developed for the small-scale high-temperature ORC experimental test rig at the LUT University that utilizes waste heat from a heavy-duty diesel engine exhaust. The experimental facility consists of a high-speed Turbogenerator, heat exchanger components such as recuperator, condenser, and evaporator with a pre-feed pump to boost the working fluid pressure after the condensation process constituting a cycle. The turbogenerator consists of a supersonic radial-inflow turbine, a barske type main-feed pump, and a permanent magnet type generator components connected on a single shaft. Octamethyltrisiloxane (MDM) is the chosen organic working fluid in this cycle. Matlab-Simulink environment along with the open-source thermodynamic and transport database Cool-Prop has been chosen for calculating the thermodynamic properties of the dynamic model. A functional parameter approach has been followed for modeling each block component by predefined input and output parameters, aimed at modeling the performance characteristics with a limited number of inputs for both design and off-design operations of the cycle. The dynamic model is validated with the experimental data in addition to the investigation of exhaust gas mass flow regulation that establishes a control strategy for the dynamic model.