It's the same here. We have ours at the same time. I think it has generally worked pretty well for us here.
It looks like your question period is a little longer than ours. That probably compensates for having one less day of question period. You said it has been 2:00 p.m. for some time so I suspect you probably can't comment on why 2:00 p.m. was chosen. If it has been there for some time, I suspect you weren't part of those discussions, but maybe you would be aware of why it was chosen.