In principle, the more information we have about something the better decision we’re likely to make about it. And, we’re likely to have the most information at the last minute. Deciding more than we really need to at any given moment can cause regrets later.
Practical Tip: Before you start making decisions, think about the order of decisions. What needs to get decided first? What next? What can wait? Break decisions up into pieces if possible, and if there’s anything to be gained by waiting to decide a piece (like more people getting more information), wait. Establish a date certain for deciding each piece.
The last minute, although stressful, is often the optimal time for good group decisions. “I love the last minute,” I once heard someone say. “If it weren’t for the last minute a lot of stuff wouldn’t get done.”