The following is what I thought I should create, please provide me your feedback whether this is doable in Odoo V13 standard PLM? 

BOMs on the PLM module enhanced to include a Redlining button in edit and display modes. Choosing the Redlining button launches a redlining session in a dialog box. The system proposes a default name, Redlining1, and prefills certain redlining fields with data from the selected BOM. All redlinings are saved when you choose Save in the global tool bar.

For each redlining, the system captures the following header data:

• Name

• Description

• Status of redlining

• Responsible user

You can create an unlimited number of Redlining for a BOM by using unique names. You can navigate to any Redlining attached to a BOM header by selecting it from the dropdown box in the header data.

We delivers a predefined status scheme containing a profile of the BOM item fields that can be Redlining , including the following statuses:

• In Work

• Completed

• Rejected

• Approved

The system defines Redlining validity through the following fields:

• Change Number

• Valid From

• ECO Record ID

• ECO Status