What project management methodology to use to develop new software internally?

Posted by Setareh on Stack Overflow See other posts from Stack Overflow or by Setareh
Published on 2009-05-14T16:13:09Z Indexed on 2010/05/08 3:08 UTC
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As part of my assignment I have to answer this question:

  The Sales Department has decided to develop new software internally. 
  They will thus need to manage the IT project formally. Briefly describe 
  two suitable project management methodologies models that could be used.

I'm quite confused by the amount of methodologies. I Thought maybe PMBOK and SCRUM might be the best but still not sure if they are the ones for developing software internally. or whether they work for small projects, for instance.

The thing about PRINCE2 is that is very comprehensive and seems to suit the large projects, however I read that it also suits to small projects as well.

Any suggestions, which project management methodologies models to use for developing new software internally?

What would be two suitable project management methodologies models?

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