An encoder circuit, a task scheduler circuit and a decoder circuit. The encoder circuit may be configured to (i) generate one or more first status signals in response to one or more report signals and (ii) perform video encoding tasks based on available central processing unit (CPU) cycles and memory bandwidth. The task scheduler circuit may be configured to (i) generate a control signal and the one or more report signals in response to the one or more first status signals. The decoder circuit may be configured to (i) generate one or more second status signals and (ii) perform concurrent decoding while the encoder circuit performs adaptive video encoding tasks in response to the control signal.