How do you plan on holding down the rough stock?
That may determine your approach to machining the piece. You may also want change the stock so you can hold the piece for all operations.
One approach would be to cut the outside profile and then do the inside circle / profile and thus no pocketing is required. To each their owne, but if that were the case, then I would draw the outside and inside profiles on individual layers and name / associate the layer to the machining task to be done.
To pocket there must be an inside and outside closed profile and the tool must have room to get inside. So if paocketing you can just draw an appropriate sized square on it's owne layer and so named.
Now if the stock were a little bigger so you could hold the piece, then i would machine the inside hole first and do the outside profile last.
Note that a radius should be drawn which the tool can machine for the outside profile. You can't machine a sharp corner with a round cutter.
Also note that you may want to draw the origin of the part differently. IE; have the inner circle
center be 0,0,0. This way you can always use the center hole to reference the part, but , all depends on what is most important to you.
Just a few thoughts,
RICH