Plans vs. objectives vs. outcomes vs. tasks
There are four different elements within a workspace. A plan, objective, outcome, and a task.
A plan is a container for your team goals or OKRs, it can be expanded to have sub-plans for different departments or as a way to set up cascading. An objective can be described as a goal and it's a simple way to group outcomes. An outcome is a quantitative goal or key result that can have an owner and a target value (timeline set). A task can be thought of as a step or project to get the outcome delivered, you'll be able to assign an owner to this as well.
Here's a video that breaks it down for you: