Here's our Windows XP Tip for.. November 13, 2002
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Notification for Missed Scheduled Tasks
Our last tip showed you how to view the Task Scheduler log to monitor what the program is doing and how successful it is at performing the scheduled work. If you like, you can also set up Task Scheduler to notify you whenever a task was missed or aborted before completion. This way, if the program tries to run a maintenance task like Disk Defragmenter and fails, you'll know that your disk is not being serviced. To enable this notification, first go to Start, Programs, Accessories, System Tools, Scheduled Tasks. Then go to Advanced, Notify Me Of Missed Tasks.

You should note that certain tasks occur rather frequently (such as the Windows Critical Update Notification). If you have one of these tasks enabled, you could find yourself annoyed by how frequently you are informed of a missed scheduled task. Experiment and see if the notification works for you.