diff --git a/CHANGELOG.md b/CHANGELOG.md
index 42550af..d913bb8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [unreleased]
 
+### Changed
+
+- Use cthing-projectversion library `ProjectVersion` object for project version
+
 ## [3.0.0] - 2024-04-14
 
 ### Added
diff --git a/README.md b/README.md
index 561e72e..9fa5820 100644
--- a/README.md
+++ b/README.md
@@ -94,9 +94,9 @@ This project is released on the [Maven Central repository](https://central.sonat
 Perform the following steps to create a release.
 
 - Commit all changes for the release
-- In the `build.gradle.kts` file
-    - Ensure that `baseVersion` is set to the version for the release. The project follows [semantic versioning](https://semver.org/).
-    - Set `isSnapshot` to `false`
+- In the `build.gradle.kts` file, edit the `ProjectVersion` object
+    - Set the version for the release. The project follows [semantic versioning](https://semver.org/).
+    - Set the build type to `BuildType.release`
 - Commit the changes
 - Wait until CI builds the release candidate
 - Run the command `mkrelease xmlwriter <version>`
@@ -109,9 +109,9 @@ Perform the following steps to create a release.
 - Wait for the new release to be available on Maven Central
 - In a browser, go to the project on GitHub
 - Generate a release with the tag `<version>`
-- In the build.gradle.kts file
-    - Increment the `baseVersion` patch number
-    - Set `isSnapshot` to `true`
+- In the build.gradle.kts file, edit the `ProjectVersion` object
+    - Increment the version patch number
+    - Set the build type to `BuildType.snapshot`
 - Update the `CHANGELOG.md` with the changes in the release and prepare for next release changes
 - Update the `Usage` section in the `README.md` with the latest artifact release version
 - Commit these changes
diff --git a/build.gradle.kts b/build.gradle.kts
index 6902676..3b62ee4 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -1,5 +1,7 @@
 import com.github.spotbugs.snom.Confidence
 import com.github.spotbugs.snom.Effort
+import org.cthing.projectversion.BuildType
+import org.cthing.projectversion.ProjectVersion
 import java.text.SimpleDateFormat
 import java.util.*
 
@@ -18,12 +20,16 @@ plugins {
     alias(libs.plugins.versions)
 }
 
-val baseVersion = "3.0.1"
-val isSnapshot = true
+buildscript {
+    repositories {
+        mavenCentral()
+    }
+    dependencies {
+        classpath(libs.cthingProjectVersion)
+    }
+}
 
-val isCIServer = System.getenv("CTHING_CI") != null
-val buildNumber = if (isCIServer) System.currentTimeMillis().toString() else "0"
-version = if (isSnapshot) "$baseVersion-$buildNumber" else baseVersion
+version = ProjectVersion("3.0.1", BuildType.snapshot)
 group = "org.cthing"
 description = "A simple yet highly configurable XML writing library."
 
@@ -204,7 +210,8 @@ publishing {
         }
     }
 
-    val repoUrl = if (isSnapshot) findProperty("cthing.nexus.snapshotsUrl") else findProperty("cthing.nexus.candidatesUrl")
+    val repoUrl = if ((version as ProjectVersion).isSnapshotBuild)
+        findProperty("cthing.nexus.snapshotsUrl") else findProperty("cthing.nexus.candidatesUrl")
     if (repoUrl != null) {
         repositories {
             maven {
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 6fd7d43..8bb50d5 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -14,6 +14,7 @@ versions = { id = "com.github.ben-manes.versions", version = "0.51.0" }
 apiGuardian = "org.apiguardian:apiguardian-api:1.1.2"
 assertJ = "org.assertj:assertj-core:3.25.3"
 cthingAnnots = "org.cthing:cthing-annotations:1.0.0"
+cthingProjectVersion = "org.cthing:cthing-projectversion:1.0.0"
 escapers = "org.cthing:escapers:1.0.0"
 jsr305 = "com.google.code.findbugs:jsr305:3.0.2"
 junitApi = { module = "org.junit.jupiter:junit-jupiter-api", version.ref = "junit" }