A method for operating a user equipment (UE) comprises receiving, from a base station (BS), CSI feedback configuration information including codebook parameters configured jointly via a single radio resource control (RRC) parameter, the codebook parameters comprising L, p, ν0, and β, wherein the parameter L determines a number of spatial domain (SD) basis vectors, the parameter β determines a maximum number of coefficients, and the parameters p and ν0 determine a number (Mν) of frequency domain (FD) basis vectors, wherein the parameter p is for a first rank set and the parameter ν0 is for a second rank set; generating the CSI feedback based on the CSI feedback configuration information, wherein the CSI feedback is generated for a rank value ν from one of the first and second rank sets; and transmitting, to the BS, the CSI feedback over an uplink channel.