Precise timing & SMO

[3esmit]

LabVIEW provides a "Timed Loop" structure for precise timing. I see that SMO uses a "While Loop" with event struture, and setting a Timeout provides a similar feature to a timed loop.
I don't fully understands the concept of Timed Loop, but it might be needed if my future developments, and for sure I could not use SMO for precise timing routines, but I would like to converge most of my subsystems in SMO framework.

This would be an option?