A slot is an authorization to take off or land at a specific airport on a certain day during a specified time period. Air traffic controllers use slots to manage congestion and prevent the frequent delays and fuel burn that occur when too many planes attempt to take off or land simultaneously at busy airports.

A jackpot is a large or significant prize, cash amount or reward won in a game or lottery. The term is also used colloquially to refer to a particularly significant success or achievement. For example, investors who purchase stocks in an initial public offering (“IPO”) often dream of hitting the jackpot when their stock price increases dramatically and they are able to cash out with a substantial profit.

For teams that prioritize a range of tasks throughout the day, using slot-based scheduling is an effective way to organize deadlines and work objectives and ensure that all members are aware of their priorities and can meet important milestones. This approach is also useful for organizing meetings and consultations with clients. It encourages open communication among team members and promotes productivity by allowing individuals to plan their workload according to what is most critical in the moment. It’s important to communicate any updates or changes to a slot-based schedule so that everyone is on the same page and can collaborate more effectively. For more information on how to create a slot-based schedule, see the Felgo tutorial: Slot.