In commercial electrical equipment, the popular sensorless drive scheme for the interior permanent magnet synchronous motor, based on the quasi-sliding mode observer (QSMO) and phase-locked loop (PLL), still faces challenges such as position errors and limited applicability across a wide speed range. To address these problems, this paper analyzes the frequency domain model of the QSMO. A QSMO-based parameter adaptation method is proposed to adjust the boundary layer and widen the speed operating range, considering the QSMO bandwidth. A QSMO-based phase lag compensation method is proposed to mitigate steady-state position errors, considering the QSMO phase lag. Then, the PLL model is analyzed to select the estimated speed difference for transient position error compensation. Specifically, a transient position error compensator based on a feedback time delay neural network (FB-TDNN) is proposed. Based on the back propagation learning algorithm, the specific structure and optimal parameters of the FB-TDNN are determined during the offline training process. The proposed parameter adaptation method and two position error compensation methods were validated through simulations in simulated wide-speed operation scenarios, including sudden speed changes. Overall, the proposed scheme fully mitigates steady-state position errors, substantially mitigates transient position errors, and exhibits good stability across a wide speed range.