An analysis of urgency in project management: the unified project urgency and economic speed analysis model

Abstract

This paper aims to address the gap in the literature concerning the role of urgency in project management. Specifically, it seeks to develop a Unified Theoretical Model that incorporates key variables such as urgency, speed, duration, and cost. To achieve this aim, a detailed analysis of essential articles was conducted from the Scopus database to understand the relationships and trade-offs among the variables. The research method involves both literature synthesis and Theoretical Model Formulation, culminating in the Unified Project Urgency and Economic Speed Analysis Model. This model serves as a mathematical and theoretical framework tailored for managerial decision-making in High-Intensity Time-Sensitive Projects. It highlights the complex interactions between urgency, duration, speed, and costs, thereby providing a structure to guide managerial actions. The study contributes to enriching the theoretical foundations in the field of urgent project management. Finally, it opens avenues for future research by extending theoretical insights that are relevant for both academic researchers and industry professionals.