Is it possible to change the change reason field to a drop down list?

Summary:

When you create a change order there is a change reason field where you can type in a reason for the change to the line. Is there a way to change this into a drop down list so a user can choose from a list of reasons rather than a free form for them to type in the reason?

Content (required):

Version (include the version you are using, if applicable):

Code Snippet (add any code snippets that support your topic, if applicable):