Critically discuss the concept of Project Management in relation to how it may contribute to the effective management of resources, to free up resources for the expansion of the ICU in the short-, medium- and long term. Discuss the importance of effective resource management LO4. Explain the relationship between planning and management of resources and the performance of the individual, the team, and the organization. For higher marks, consider the long-term impact of a new project by freeing up resources for short, medium, long term requirements. You may also wish to consider financial risk and how it will be managed, as well as factors that influence decision-making.