That's a perfectly good plan.
The best way to prepare for this is to produce your intermediate clips to the same output profile you're going to use for the final version. If you're unsure of which one to use, use the Profile Analyzer on the Produce page with just one of your source clips on the timeline (disable or remove all other timeline content). Look for Best Matched Format, and ideally there will also be a match for SVRT.
If you're able to use SVRT when creating the full video, it's not only very fast but it also doesn't re-encode your already-produced clips so there's zero quality loss.
You can see if SVRT is available by placing your first produced clip on the timeline and typing Alt+S to show the SVRT track. If it's green above the clip, you can use SVRT for the final version.
According to this
discussion, there was an issue with PD17's SVRT feature that was eventually resolved with a patch, so make sure you're running build 3005. You can download it from
here if needed.