I found following on internet for OUTDD and tried to apply this in my JCL but got an error 'Overridden step not found in procedure'
//JS10 EXEC PROC=COB2UC, IBM-supplied proc
// PARM.COB=(OFFSET,OUTDD(DSPOUT)) Optional Parms
//COB.SYSIN DD * Source Program Input source program...
/* The example above shows sample JCL required to execute the compiler via the COB2UC JCL procedure supplied by IBM. In this case, the following options are specified: OFFSET: to request a condensed PROCEDURE DIVISION listing OUTDD: to request that execution time DISPLAY output use a ddname of DSPOUT LANGUAGE: This is a COBOL compiler option. Format: LANGUAGE(xxxxxx) Abbreviations: LANG(xx) IBM-default: LANGUAGE(ENGLISH) LANGUAGE specifies the language that will be used for compiler messages (i.e., for diagnostic messages, message summary headers, the compilation summary, and various headers and notations resulting from the use of compiler options like MAP, XREF, etc.). The language sub-parameters that may be specified are shown Sub-parameter Abbreviation Description