In this paper, a finite element based method far determining factor of safety of slopes which has certain advantages over conventional limit equilibrium methods is described. Particularly, the slope failure behaviour considering different seepage conditions is produced by finite element method using strength reduction technique. It is shown that both the failure mechanism and the safety factor that are analyzed by the FEM using strength reduction technique are an effective means of slope stability analysis. And the stability of a slope with rising water table and rapid drawdown are analyzed and the results are compared with the simplified Bishop Method of the Limit Equilibrium Methods.