https://www.mediawiki.org/wiki/Phabricator/Project_management#Converting_projects_into_subprojects_/_milestones says to file a task under Project-Admins. However, nobody in Project-Admins can perform such conversions as CLI access is required. IIUC only @mmodell can perform such steps currently (like in T138952), so we might face a bottleneck / bad bus factor here.
Having documentation on wikitech how to perform such a conversion could allow others to help with the backlog in https://phabricator.wikimedia.org/maniphest/?ids=219610,219609,219608,169764,153327,147175,195855,182569,221540#R