Greetings Jeremie, yes you can scale up this fine 5 inch gauge locomotive design to 71/4 in, but it is a lot of extra work, and I am not sure what, if any, castings would be available.
If you want to start as a beginner in model engineering, why not build an existing 0-4-0 design in that gauge, there are several good ones, Hercules from Reeves, Jessie, a well loved Ken Swan design, and Don Young also produced a couple of offerings, finally Martin Evan's Singapore is also well spoken of.
Choosing one of these designs would mean drawings and castings available, and you could always alter the cab and tank shape if you wanted something different.
Regards
Brian B