Data collected for the 590 sample cases were comprised of decision variables; factors specific to the board hearing; and inmate characteristics, including institutional experience, criminal history, personal background, and nature of the current offense. Over 150 discrete variables were used in the analysis. Findings highlighted the primary emphasis placed on security risk and facility management when making placement determinations. This was indicated both in rationales for recommendations and decisions, as well as inmate characteristics. Individual program needs were addressed secondarily, usually as a condition accompanying a placement decision. Profiles of men (1) recommended by area boards for lower security, (2) approved by Central Office for lower security, and (3) approved at this level for higher security or current status did not deviate from what was expected. Lower security cases were apt to have adjusted more fully to incarceration. Other findings warranting additional investigation are cited. Policy implications are considered. Footnotes, tables, and appended data are provided. (Author abstract modified)