Possibilty to select a status (and label) from a dropdown

We are currently using the Content by Label Macro for our Multi Project Management. So we can distinguish by status of the dimensions quality, costs, time, customer satisfaction, etc.

So what we would like to have is a bunch of labels we can choose from a dropdown, such as: on target, out of scope or critical. As well we want to show them on the confluence page as a status in order to have a good project overview for one project. We need the labels to have the overview for a few projects.

A quick example:

Quality - On Target (Status) - ontarget (label)
Costs - Critical (Status) - critical (label)
Time - On Target (Status) - ontarget (label)
Customer Satisfaction - Focus (Status) - focus (label)

Is there going to be a feature for this in the near future?