I am trying to export a project template in ArcGIS Pro 3.0.3. No error warnings were found when I analyzed the project. When I go to create the project template, the process fails with the following warning: "Error HRESULT E_FAIL has been returned from a call to a COM component.

Before the 3.0 upgrade, I was able to create and use this template without an issue. Does anyone have insight on what this error means and why it is preventing me from creating a project template?
For context, I am saving the template to a file over a shared network. My share and download settings are set to file paths to the shared network as well. The project contains a lot of data, and the total size of the project and its components is 31.0 GB. I successfully created a project template with a different ArcGIS Pro project with version 3.0.3. Is there a size limit for project templates?