The document discusses best practices for installing and configuring Oracle Real Application Clusters (RAC) 12c, including standardizing on Oracle RAC and Flex ASM for scalability, high availability, and flexibility; preparing servers by setting up networking, storage, OS images, and installing pre-requisite packages; and using the "Advanced Installation" option for the Oracle Grid Infrastructure 12c installation to select options like Flex ASM, configure the Grid Infrastructure Management Repository, and create the initial ASM disk group.