I use it all the time to schedule periodic execution of scripts and some programs to ensure my intended tasks are performed automatically. Plus, being a preinstalled application, Task Scheduler is ...

You can create custom scripts to automate repetitive tasks and save time, such as running maintenance tasks, backing up new data daily, or automating personal tasks that take up unnecessary time.

Perfectly. Every. Single. Time. If I schedule the script to run while I'm logged on then it works properly-- e.g. if I'm RDP'd into the server and I set it to run in 5 minutes it will work correctly.

Windows makes it possible to schedule PowerShell scripts to run at a predetermined time. The mechanism of choice for automating PowerShell scripts is the Windows Task Scheduler.