Numerous traditional, agile and hybrid development approaches have been proposed for the development of CPS. As the choice of development process is crucial to the success of development projects, it has become a major challenge to identify the best-suited process.This paper introduces a methodology for identifying the best-suited CPS development process, based on the individual boundary conditions for a certain development project within a company. The authors used a set of eight indicators to assess a CPS-development project. The results of the assessment were matched with CPS-development approaches. Based on the matching results a best-suited development process was selected. The application is shown for a use case in the German manufacturing industry. The developed method aims to reduce the risk of project failure due to the wrong choice of development process.