The aim of this work was to investigate Stress Concentration Factor (SCF) variations induced by adding of holes in a perforated base plate subjected to uniaxial tension load, using Finite Element Method (FEM). Analyses were applied in 2D for different diameters, orientation angels and distances of added holes from the base hole. A parametric model in ANSYS finite element software was used to calculate the SCFs and the differences between SCFs have been shown in various graphs. To investigate the variation of SCF in perforated base plate, two holes with the same diameter were located symmetrically to the longitudinal axis with different angles and distances from the base hole. The results showed that by adding holes with a proper diameter, orientation angles and distances from the base hole, the SCFs can be reduced. Using the obtained graphs and corresponding to the base hole diameter the most adequate diameter and its position was determined. Obtained results for special statuses had a good agreement with the graphs of Peterson’s stress concentration factors.