The use of "it" is fine; the comma-splice isn't.
Divide those independent clauses with a semi-colon, colon, or n-dash, eh?
Also, it's fine to ellipse words whose meaning is implicit ("Way of", if there's only one way), but not determiners (e.g. "the" and either a determiner or something else to identify a particular "way of"):
"Obtaining Chomsky normalform: Does it Influence the Performance of the CYK Parser?"
or:
"My Super-duper New Way of Obtaining Chomsky normalform: Does it Influence the Performance of the CYK Parser?"
or:
"Obtaining Chomsky normalform my Super-duper New Way: Does it Influence the Performance of the CYK Parser?"