That seems odd.
Resolve or Resolve Project Server installer will not install PostgreSQL if it's already installed.
I just double checked on my system with PostgreSQL installed, that running the Project Server installer, does not show the PostgreSQL install checkbox, since it's already installed.
Yet, your screen shot shows the PostgreSQL install checkbox. Meaning it did not detect that PostgreSQL was already on your system.
How did you previously install PostgreSQL on your system? And was it version 9.5.4? I'm concerned that you now may have 2 PostgreSQL installs somehow, and the original one is still running.
If you look in Task Manager - Services, what Postgres service do you see running? I would expect it to look like this:

- postgres_service.png (49.92 KiB) Viewed 2452 times
Can your Mac still connect to the database after installing postgres from the Project Server installer?
Also note, that you manually edited your pg_hba.conf file to allow access from any IP address. If you Share a database using the Project Server app, it's going to replace your current pg_hba.conf file with a brand new one, that will be restricted to the IP subnet selected in the Project Server File menu. So don't use the Project Server to share databases if you want to maintain the ability to connect to it from any IP address.
Of course, the Project Server is going to do that in the C:\Program Files\PostgreSQL\9.5\data folder. If you have/had another Postgres install that was in a different path, and if that Postgres is still the one running, the Project Server may not affect the pg_hba.conf file for that.