What element guides teams in their efforts to realize business goals during PI Planning?

The element that guides teams in their efforts to realize business goals during PI Planning is the business context. This concept is crucial as it provides teams with a clear understanding of the overarching objectives and priorities of the organization. During PI Planning, teams need to align their work with the strategic goals of the business to ensure that the delivered features and functionalities will drive the desired outcomes.

By communicating the business context, leaders outline the rationale behind the prioritized work, including the current market conditions, customer needs, and organizational vision. This information allows teams to make informed decisions about what to work on and helps them understand how their contributions fit into the larger landscape of the company's goals.

Having a clear business context fosters collaboration and enhances the effectiveness of planning efforts, ensuring that the work performed by the teams is relevant and impactful. While other elements, like team velocity or market analysis, can serve supporting roles in the planning process, it is the business context that provides the strategic framework necessary for teams to align their efforts with business goals.