The issue was occurred from the Syncfusion Item Templates Utility, since command is not enabled properly while right click on the Project Node in Shared project. Please uninstall and reinstall the Syncfusion Item Templates VSIX from your Visual Studio and install the modified VSIX from the below location.
Download the modified VSIX from here and perform the below steps to reinstall the Syncfusion Item Templates VSIX.
From Visual Studio, navigate to Tools->Extension and Updates.
Select Syncfusion Item Templates and perform uninstallation.
Close the Visual Studio.
Run the downloaded Extension by double clicking on the new VSIX and install it. Once installed, open Visual Studio and continue.
Now there will not be any error messages on project right click.
Note: If you are unable to uninstall the Syncfusion Item Templates VSIX, please try out these steps in Visual Studio Administrator mode.