A data communication method for a set of hard real-time applications with an associated set of predefined network requirements (PNR) is provided. The method comprises configuring the physical layer of the network with a set of static modulation parameters (SMPs) to guarantee the PNRs are met at worst-case operating conditions for the network. The method further comprises measuring the current network performance within the network based on a given network performance monitoring schedule and, whenever the current network performance exceeds the PNRs by predefined amounts, adjusting the physical layer of the network by selecting a set of dynamic modulation parameters (DMP's) to increase the bandwidth availability within the network. Advantageously, the invention further allows for the allocation of the excess bandwidth to a set of non-hard real-time applications, whenever the current network performance exceeds the PNR.