Project Team Actual:
This report provides data for all users who have entered time against a project. It also shows data for users who presently are not part of the project team but had entered time in the past. If you are looking for data for all users irrespective of whether they are currently part of the Project team or not, then this report will give you that information.

Project Team Assigned:
This report provides data for users who are presently assigned to the project and are part of the project team. You can use this report if you are looking for data for users who are currently assigned to projects.

Note:
These reports are located under the Project Reports folder in the Reports section