Starting from a set of assumptions mainly of an “operational” or experimentally based nature, a derivation of quantum mechanics is presented, with the aim of clarifying the essential features of the theory and their interpretation. Various properties of quantum mechanics such as the addition of amplitudes, the calculation of probabilities, de Broglie's equations, and energy-momentum conservation are derived from first principles. It is investigated whether quantum amplitudes may be constructed from quantities of higher order than complex numbers. Measurable physical quantitics, as traditionally understood, are seen to play a role distinct from and supplementary to the behavior of the quantum amplitudes themselves. This is related to two distinct aspects of the nature of time in the context of quantum mechanics.