THE ASAP PRINCIPLE: If the cost to undo the decision is low, make it as soon as possible. THE ALAP PRINCiPLE: If the cost to undo a decision is high, make it as late as possible. When the stakes are high, and there are no take-backs, you want to decide at the last moment possible, and keep as many options on the table as you can while continuing to gather information. ==Most decisions require an art that balances speed and accuracy== ![[Consequentiality, reversibility, ASAP, and ALAP.png]]