This document presents a method for determining the optimal location for placing Flexible AC Transmission System (FACTS) devices on a power grid to improve system security. It evaluates three selection factors: 1) Contingency Severity Index (CSI), which measures a line's sensitivity to overloads during contingencies, 2) Excess Power Flow (EPF), which calculates overload amounts during contingencies, and 3) Number of Times Overloaded Line (NOTOL), which counts how often a line is overloaded. These factors are calculated for different contingencies on IEEE 6-bus and 30-bus test systems. Lines are ranked based on the factors individually and combined. The highest ranked lines are determined to be the best locations for placing