This is an interesting question. There are many things that can go wrong on an install. Your question about kernel parameters tells me that you are aware that some of your server settings may need to be changed before an install. These are usually what they call "semaphores," which are memory settings. I've added a resource that may help.
On the other hand, there are many other adjustments which may need to be reviewed before installing.
Here are some suggestions for you:
1. Check that your CSI is valid. The CSI is Oracle's support authorization. A CSI number is assigned to a company/person in association with a product (like the apps which you have licensed) and the machine which you have identified that you will use. It means that you can call Oracle for support, or use their MetaLink online support.
2. Before installing, search for information on your type of install. I searched for Tru64 and 11.5.8 installation and got two document recommendations (a) Installation Update for HP Tru64 UNIX 11.5.8 Doc ID: 212003.1 and (b) R11.5.7/R11.5.8 Upgrade and Install Issues Doc ID: 112659.1 I would read those documents.
3. Enter a TAR, or problem report to verify what you intend to use as your parameters. Oracle support will review them, and may ask some questions, which will help you in your planning. Also, if when you try your install, it fails, you can refer back to the TAR for support. If nothing else, this may decrease your typing.
In short, you should be using Oracle's installation guide, following it step by step. It will give you hints as to what the likely problem is. The installation guide, as shown by the doc_id above, is specialized by server machine. It will also tell you where to find pertinent diagnostics about what is happening on your install.
While there are many cases where you can get great information by searching the Web and asking friends, this is one where "Oracle really knows best."
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