This will almost always give you better performance than the subquery method. You're basically looking for the row which doesn't have any other rows past it rather than looking for the row with the greatest date:
SELECT
P.ProjectID,
P.ProjectName,
T.ThingID,
T.ThingName
FROM
dbo.Projects P
INNER JOIN dbo.ProjectThingLinks PTL1 ON
PTL1.ProjectID = P.ProjectID
LEFT OUTER JOIN dbo.ProjectThingLinks PTL2 ON
PTL2.ProjectID = ThingID = PTL1.ThingID AND
PTL2.CreatedDate > PTL1.CreatedDate
INNER JOIN dbo.Things T ON
T.ThingID = PTL1.ThingID
WHERE
PTL2.ThingID IS NULL
Once you decide on your business rules for handling two rows that have identical CreatedDate values you may need to tweak the query.
Also, as a side note, a table called "Things" is typically a good sign of a problem with your database design. Tables should represent distinct real life entities. That kind of generality will usually result in problems in the future. If these are resources then they will probably share certain attributes beyond just a name. Maybe your case is a very special case, but most likely not. ;)
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