PI means Passive Income

With the upcoming threat of Hulkagedon I was looking for an alternate source of income.

So I decided to do some Planetary Interactions. This is an activity with very little time requirements once your planets are properly setup.
I haven't crunched all the numbers yet and it might take a while before it pays for itself but I found that each Alt pilot can generate at least 3 millions ISK in about 15 minutes a day.

Here is my own method after ironing out some minor logistics problems.

Starting with the Newest Recruit Minou Delaplante:

The first problem for a young pilot is to be able to fly an Industrial ship. The PI Command Centres are large structures at 1000m3 each.
So train to fly one if you haven't done so before (or do the Industrial Career Tutorial as you should have from the beginning)

Acquire the necessary Skillbooks and make an EVEMon training Plan for PI.

You will need Science III as a prerequisite to learn Remote Sensing I.

Then Command Centre Upgrade to at least level IV.
Although you can start with a small production chain, it soon becomes evident that you will need to upgrade your Command Centre to get the required energy.

At this point you can develop your first planet. Then you will need to train Interplanetary Consolidation to be able to install Command Centres on other planets.
Up to 6 possible planets but you probably want to stop at level IV and train a second Alt Pilot before that.

Start the training as soon as possible and then get some pen and paper and study some production chains.
I am going for the Single Planet T2 Production to avoid too much transporting of raw commodities.

Let's look at an example for a Barren Planet - The most common type. Although you could find planets in different systems to maximize production, I found it easier to develop them all in the same system.
Undock.
Make a Bookmark of your base station.
Then get all the planets in the overview sorted by name and Bookmark each of them.
You can then do a quick scan of each Planet and rename their Bookmarks. I just edit the name such as "PlanetName - (Type)"

Now go to the first Barren Planet and view it in PI mode. For this example we will setup a Biocell production.
Scan for raw materials and find a spot between the required deposits. (Carbon Compounds and Noble Metal in this case)

Place your Command Center half way between the sweet spots to minimize Links length. And remember to Submit after each building.

Next to it also build a Storage Facility then Link them.
On one side Build a Basic Processing Plant and link to storage.
Near the Sweet Spot build an Extractor and set it up to extract Noble Metals. Set the Program to 1 Day and 2 or 3 hours. (so you only need to update about once a day and never miss production)

Make a route for the Noble metal to the Factory. Set the Factory Schematics to produce Precious metals and make a Route to the Storage.

Repeat this process on the other side with Carbon Compound Extractors and a Biofuel factory.

Assuming that you can upgrade your Command Centre you may now build an Advanced Factory to Produce Biocells. Link and Route it From Storage and To the Command Centre.
Double check all the routes for all the commodities and make sure they flow well right up to the finished product.

Edit the Bookmark to read "PlanetName (barren) T2 Biocells" for future reference.
Dock to your base station and come back tomorrow to collect the Goods.
Biocells sell at about 4600 ISK each and you can produce about 100 per day. ie. 460,000 ISK of passive income.
Some T2 Products sell for a lot more than Biocells. Do your Market Research.
Repeat that for 6 Planets and collect 2.76 millions.
With 2 accounts you can run 6 PI pilots and generate at least 500 millions a month spending no more than an Hour a day.
If you need more Income you can still do your Mining, manufacturing, trading, missions, salvaging, etc...