A method of assembling an electric drive system includes providing a power conversion assembly and coupling an electric power source and a motor to the power conversion assembly. The method also includes coupling a computing device that includes a processor and a memory device operatively coupled to the processor to the power conversion assembly. The method further includes configuring the computing device to record at least one measurement related to a speed of the motor. The method also includes configuring the computing device to calculate a power output limit of the power conversion assembly and limit the power output of the power conversion assembly by limiting torque induced by the motor as a function of the speed of the motor.