Circadian function and p53 network are interconnected on the molecular level, but the dynamics induced by the interaction between the circadian factor Per2 and the tumor suppressor p53 remains poorly understood. Here, we constructed an integrative model composed of a circadian clock module and a p53-Mdm2 feedback module to study the dynamics of p53-Per2 network in unstressed cells. As expected, the model can accurately predict the circadian rhythm, which is consistent with diverse experimental observations. In addition, using a combination of theoretical analysis and numerical simulation, the results demonstrated that p53 expression enhances the phase advance of circadian rhythm and reduces the robustness of circadian rhythm. Furthermore, the time delay required for the transcription and translation of Per2 protein induces oscillations by undergoing a supercritical Hopf bifurcation, and improves the robustness of circadian rhythm. In summary, this work shows that the p53-Per2 interaction and the time delay are two essential factors for circadian functions.