What is one step when determining initial team capacity during PI Planning?

One step when determining initial team capacity during PI Planning is to subtract one point for every team member’s vacation day, public holiday, or training day. This step helps the team to adjust their capacity based on the actual availability of each team member for the upcoming Program Increment (PI)1. By accounting for the time-based capacity adjustments, the team can plan their work more realistically and avoid overcommitting or underdelivering2.