If a file is linked and active elsewhere in your course site - such as in a Lessons module or an image in a quiz - deleting it from Resources and uploading a new file in its place will break the link. By uploading a new version, your existing links remain intact.
Select the Resources tool from the Tool Menu of your site.
To upload a new version of a file, to the right of the file to replace, from the Actions drop-down menu select Upload New Version.
This displays the Upload New Version page.
Click Choose File to locate and select the file on your computer.
This returns the display to the Upload New Version page with the name of the new file.
The file name of the new file is displayed.