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I would begin with identifying what the umbrella change is that needs to be made on the projects. If there's a project manager on staff, they can help you - but think about the projects that inform all of the others. Start with those and then work your way into the others. Hope this helps!
Create a priority list based on some criteria such as 1. Best selling products 2. Features (or components) that can be updated across products 3. etc
Get input from other stakeholders on what they would prioritize.
Good luck!
What is the #1 Leverage goal. What is the one thing that will help all pieces. Maybe it's the sop or template and timeline and a ranking system for quick decisions.