This article sets forth a new precision measurement method of CNC machine tools. The method incorporates the laser interferometer and the measurement principle of the double ball bar (DBB), and can measure the machine tool precision under the high feed rate condition. The generalized measurement model of three-axis has been built. Data analysis software is developed to simulate the run condition of machine tools. The repeatable experiment results proves that the method is feasible and its precision is higher than DBB`s.