Every Gradle build is made up of one or more projects. What a project represents depends on what it is that you are doing with Gradle. For example, a project might represent a library JAR or a web application. It might represent a distribution ZIP assembled from the JARs produced by other projects. A project does not necessarily represent a thing to be built. It might represent a thing to be done, such as deploying your application to staging or production environments. Don't worry if this seems a little vague for now. Gradle's build-by-convention support adds a more concrete definition of what a project is.
Each project is made up of one or more tasks. A task represents some atomic piece of work which a build performs. This might be compiling some classes, creating a JAR, generating Javadoc, or publishing some archives to a repository.