Having project files is a way of grouping your storyboards together. Projects are what you see when you visit your "Project dashboard" on the app.
To start a new project, just click "Create new project".
A storyboard is a collection of frames. With Boords, you'll spend most of your time editing storyboards.
Frames are the individual panes within storyboards. They are made up of an image, a label, voiceover and action notes.