Dear Dimple,
I read your reply to my posting. In fact, what you need to do is to create a well-designed recruitment manual. In this manual, you need to mention the job description, qualifications, experience, skills, knowledge (mandatory and desirable), etc. With this being done, posting job listings whether internally or externally will become much easier.
For internal candidates, in addition to all other factors, you need to consider the scores of the Performance Appraisal too. Giving a second promotion in a short span to a particular person sounds good, but there is another angle to look at as well. Other employees should not construe it as favoritism. Their misinterpretation may give birth to yet another problem.
As far as my personal view is concerned, I am not in favor of a second promotion in such a short span.
Thanks, Dinesh V Divekar