AEP-8818: InPlace Update Mode

[omerap12]

What type of PR is this?

/kind documentation

What this PR does / why we need it:

AEP for #8720

Which issue(s) this PR fixes:

Fixes #

Special notes for your reviewer:

Does this PR introduce a user-facing change?

NONE

Additional documentation e.g., KEPs (Kubernetes Enhancement Proposals), usage docs, etc.:

NONE

[k8s-ci-robot]

Skipping CI for Draft Pull Request.
If you want CI signal for your change, please convert it to an actual PR.
You can still manually trigger a test run with /test all

[k8s-ci-robot]

[APPROVALNOTIFIER] This PR is NOT APPROVED

This pull-request has been approved by: omerap12
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[omerap12]

/cc @adrianmoisey @maxcao13