Before I evangelize the merits of programme management I want to clarify what a programme is and what a project is. This might seem a little trivial but I’ve seen these two words used so interchangeably across many organisations in many countries with people calling a project a programme and vice versa.

What is residual income and who earns it? Residual income is money is a continuous stream of money that comes from a body of work that has been completed or may need regular maintenance. It can be earned by anyone who chooses to do work that earns this type of revenue.

Having the right resources puts you in front for ways to make passive income. Financial freedom derives from passive income opportunity. Passive profits are often defined as smart money since it is method that rich people use to earn get rich. Various methods are used to make passive profit.