Install the Platform first, then each of the solutions (Inventory and Patch). Be aware that some functionality that's console-related may actually come with other solutions (namely the Activity Center UI based on Silverlight, which is actually installed as part of Deployment Solution or as part of the entire suite). Installing other solutions will only make things confusing since you aren't licensed for them. (To those licensed, I recommend installing it anyway, even if there are no plans today to use it, so that it's available when needed.)
I hope this helps answer your question!