diff --git a/deployment/nova/nova-compute-container-puppet.yaml b/deployment/nova/nova-compute-container-puppet.yaml
index 3aea0ef479..7c9fd00460 100644
--- a/deployment/nova/nova-compute-container-puppet.yaml
+++ b/deployment/nova/nova-compute-container-puppet.yaml
@@ -147,20 +147,22 @@ parameters:
     default: ''
     tags:
       - role_specific
-  NovaVcpuPinSet:
+  NovaComputeCpuSharedSet:
     description: >
-      A list or range of physical CPU cores to reserve for virtual machine
-      processes.
-      Ex. NovaVcpuPinSet: ['4-12','^8'] will reserve cores from 4-12 excluding 8
+      A list or range of host CPU cores to which emulator threads can be scheduled,
+      if NovaVcpuPinSet is set, or to which both emulator threads and processes for
+      unpinned instance CPUs (VCPUs) can be scheduled, if NovaVcpuPinSet is unset.
+      Ex. NovaComputeCpuSharedSet: [4-12,^8,15] will reserve cores from 4-12
+      and 15, excluding 8.
     type: comma_delimited_list
     default: []
     tags:
       - role_specific
-  NovaComputeCpuSharedSet:
+  NovaComputeCpuDedicatedSet:
     description: >
-      A list or range of physical CPU cores will be used for best-effort guest
-      vCPU resources (e.g. emulator threads in libvirt/QEMU).
-      Ex. NovaComputeCpuSharedSet: [4-12,^8,15] will reserve cores from 4-12
+      A list or range of host CPU cores to which processes for pinned instance
+      CPUs (PCPUs) can be scheduled.
+      Ex. NovaComputeCpuDedicatedSet: [4-12,^8,15] will reserve cores from 4-12
       and 15, excluding 8.
     type: comma_delimited_list
     default: []
@@ -337,6 +339,31 @@ parameters:
     tags:
       - role_specific
 
+  # DEPRECATED: the following options are deprecated and are currently maintained
+  # for backwards compatibility. They will be removed in future release.
+  NovaVcpuPinSet:
+    description: >
+      A list or range of host CPU cores to which processes for unpinned instance
+      CPUs (VCPUs) can be scheduled, if NovaCpuSharedSet is set, or to which
+      both emulator threads and processes for unpinned instance CPUs (VCPUs)
+      can be scheduled, if NovaCpuSharedSet is unset.
+      Ex. NovaVcpuPinSet: ['4-12','^8'] will reserve cores from 4-12 excluding 8
+    type: comma_delimited_list
+    default: []
+    tags:
+      - role_specific
+
+parameter_groups:
+- label: deprecated
+  description: |
+    The following parameters are deprecated and will be removed. They should not
+    be relied on for new deployments. If you have concerns regarding deprecated
+    parameters, please contact the TripleO development team on IRC or the
+    Openstack mailing list.
+  parameters:
+  - NovaVcpuPinSet
+
+
 resources:
 
   ContainersCommon:
@@ -382,6 +409,7 @@ resources:
           - map_replace:
             - nova::compute::vcpu_pin_set: NovaVcpuPinSet
               nova::compute::cpu_shared_set: NovaComputeCpuSharedSet
+              nova::compute::cpu_dedicated_set: NovaComputeCpuDedicatedSet
               nova::compute::reserved_host_memory: NovaReservedHostMemory
               nova::compute::neutron_physnets_numa_nodes_mapping: NeutronPhysnetNUMANodesMapping
               nova::compute::neutron_tunnel_numa_nodes: NeutronTunnelNUMANodes
@@ -409,6 +437,7 @@ resources:
           - values:
               NovaVcpuPinSet: {get_param: NovaVcpuPinSet}
               NovaComputeCpuSharedSet: {get_param: NovaComputeCpuSharedSet}
+              NovaComputeCpuDedicatedSet: {get_param: NovaComputeCpuDedicatedSet}
               NovaReservedHostMemory: {get_param: NovaReservedHostMemory}
               NeutronPhysnetNUMANodesMapping: {get_param: NeutronPhysnetNUMANodesMapping}
               NeutronTunnelNUMANodes: {get_param: NeutronTunnelNUMANodes}
diff --git a/releasenotes/notes/cpu-resources-f8b511d39c6e0cfe.yaml b/releasenotes/notes/cpu-resources-f8b511d39c6e0cfe.yaml
new file mode 100644
index 0000000000..d3c0902d42
--- /dev/null
+++ b/releasenotes/notes/cpu-resources-f8b511d39c6e0cfe.yaml
@@ -0,0 +1,13 @@
+---
+features:
+  - |
+    Add new role parameter ``NovaComputeCpuDedicatedSet`` to specify
+    list or range of physical CPU cores to reserve to be used for
+    allocating PCPU resources to virtual machines.
+    Defaults to []
+deprecations:
+  - |
+    The ``NovaVcpuPinSet`` parameter is deprecated and superseded by
+    ``NovaComputeCpuSharedSet`` and ``NovaComputeCpuDedicatedSet``
+    parameters, which are used to define list or range of VCPU and PCPU
+    resources for virtual machine processes.