why do you assume that you will be able to improve on a Porsche 944S2 engine design ? I admire your optimism
If you throw enough money at it you could probably improve the power output quite a bit but one could argue that the money would be better spent buying a more powerful car for less outlay and no work.
Its all about keeping things in perspective.
If you remove both the seats and replace them with 2x lightweight race seats you would probably gain far more power output than you ever could gain by working the head no matter what you spent on it. !
If it is your intention to work on the head no matter what the cheapest and most effective route of increasing power is, then that is what you will do ....
If your intention is increase power and speed by the most economical and effective means possible then you are approcahing the problem from the wrong angle.
Look first to see how you can reduce the power output required !. ie reduce weight and drag .
Working on those two issues alone could potentially gve you more power and speed that even bolting on a turbo charger and they would probably cost next to nothing.
First of all decide what it is you want to achieve. Faster acceleration ? higher top speed ? Faster acceleration in a given power band ? faster cornering speed.?
Improving your braking into corners or improving your cornering speed would make your car faster than an otherwise identical car because you could brake later and corner at a higher speed yet the other car has an identical engine and power output you see?