PVMT and Filtering

I am trying to create a release roadmap for my product, and i am planning to use the filtering add-on for that. In my release, properties of my product will change with each release, so i thought of combining the PMVT add-on for that. So in essence what i want is to define releases of my product (rel.1, rel.2,…ect) and to to create properties (for example prop1)of my product, such that for each release, prop1 takes a defined value specific to that particular release, in other words :
release 1, prop1 = val1
release 2, prop1 = val2
release 3, prop1 = vale3,
Does anybody know if this is possible, and if yes how to go around doing it ?