The present invention provides a solution for reserving Cloud services within a Cloud computing environment. Under the present invention, a customer/user can select a service for use sometime in the future. By scheduling in the future, the user can guarantee the service will be available for a specific price and set of service levels. One factor is that advanced reservation affects the cost of the service and the bounds by which the service levels of the service may change. The further in advance the job is scheduled, the tighter the bounds of the service level may be for a specific price. Advanced reservation may also guarantee execution on a preferred provider rather than being moved to a partner Cloud.