diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ccc263d5..ff20c4cea 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,7 @@
 * Add support for reading a registry module by its unique identifier by @dsa0x
  [#988](https://github.com/hashicorp/go-tfe/pull/988)
 * Adds BETA support for a variable set `Parent` relation, which is EXPERIMENTAL, SUBJECT TO CHANGE, and may not be available to all users by @jbonhag [#992](https://github.com/hashicorp/go-tfe/pull/992)
+* Adds `SpeculativePlanManagementEnabled` field to `Organization` by @lilincmu [#983](https://github.com/hashicorp/go-tfe/pull/983)
 
 # v1.68.0
 
diff --git a/organization.go b/organization.go
index 3bafae55c..5c0c9e004 100644
--- a/organization.go
+++ b/organization.go
@@ -115,6 +115,7 @@ type Organization struct {
 	TwoFactorConformant                               bool                     `jsonapi:"attr,two-factor-conformant"`
 	SendPassingStatusesForUntriggeredSpeculativePlans bool                     `jsonapi:"attr,send-passing-statuses-for-untriggered-speculative-plans"`
 	RemainingTestableCount                            int                      `jsonapi:"attr,remaining-testable-count"`
+	SpeculativePlanManagementEnabled                  bool                     `jsonapi:"attr,speculative-plan-management-enabled"`
 	// Optional: If enabled, SendPassingStatusesForUntriggeredSpeculativePlans needs to be false.
 	AggregatedCommitStatusEnabled bool `jsonapi:"attr,aggregated-commit-status-enabled,omitempty"`
 	// Note: This will be false for TFE versions older than v202211, where the setting was introduced.
@@ -243,6 +244,9 @@ type OrganizationCreateOptions struct {
 	// Optional: If enabled, SendPassingStatusesForUntriggeredSpeculativePlans needs to be false.
 	AggregatedCommitStatusEnabled *bool `jsonapi:"attr,aggregated-commit-status-enabled,omitempty"`
 
+	// Optional: SpeculativePlanManagementEnabled toggles whether pending speculative plans from outdated commits will be cancelled if a newer commit is pushed to the same branch.
+	SpeculativePlanManagementEnabled *bool `jsonapi:"attr,speculative-plan-management-enabled,omitempty"`
+
 	// Optional: AllowForceDeleteWorkspaces toggles behavior of allowing workspace admins to delete workspaces with resources under management.
 	AllowForceDeleteWorkspaces *bool `jsonapi:"attr,allow-force-delete-workspaces,omitempty"`
 
@@ -292,6 +296,9 @@ type OrganizationUpdateOptions struct {
 	// Optional: If enabled, SendPassingStatusesForUntriggeredSpeculativePlans needs to be false.
 	AggregatedCommitStatusEnabled *bool `jsonapi:"attr,aggregated-commit-status-enabled,omitempty"`
 
+	// Optional: SpeculativePlanManagementEnabled toggles whether pending speculative plans from outdated commits will be cancelled if a newer commit is pushed to the same branch.
+	SpeculativePlanManagementEnabled *bool `jsonapi:"attr,speculative-plan-management-enabled,omitempty"`
+
 	// Optional: AllowForceDeleteWorkspaces toggles behavior of allowing workspace admins to delete workspaces with resources under management.
 	AllowForceDeleteWorkspaces *bool `jsonapi:"attr,allow-force-delete-workspaces,omitempty"`
 
diff --git a/organization_integration_test.go b/organization_integration_test.go
index 5649278e1..76b29d7f7 100644
--- a/organization_integration_test.go
+++ b/organization_integration_test.go
@@ -275,6 +275,24 @@ func TestOrganizationsUpdate(t *testing.T) {
 		}
 	})
 
+	t.Run("with new SpeculativePlanManagementEnabled option", func(t *testing.T) {
+		skipIfEnterprise(t)
+
+		for _, testCase := range []bool{true, false} {
+			orgTest, orgTestCleanup := createOrganization(t, client)
+			t.Cleanup(orgTestCleanup)
+
+			options := OrganizationUpdateOptions{
+				SpeculativePlanManagementEnabled: Bool(testCase),
+			}
+
+			org, err := client.Organizations.Update(ctx, orgTest.Name, options)
+			require.NoError(t, err)
+
+			assert.Equal(t, testCase, org.SpeculativePlanManagementEnabled)
+		}
+	})
+
 	t.Run("with valid options", func(t *testing.T) {
 		orgTest, orgTestCleanup := createOrganization(t, client)