Yes. In the Notification Preferences section you can individually enable or disable in-app and email notifications for various activities such as project creation, task assignments and comments.
Two ways to receive them
In-app notifications. A red counter appears in your top navigation bar when a new notification arrives. Click to view a summary of the latest updates.
Email notifications. Detailed emails about important events sent to your inbox.
Read the full article: Can I choose which types of Notifications I receive?