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The manifestly-covariant Hamiltonian structure of classical General Relativity is shown to be associated with a path-integral synchronous Hamilton variational principle for the Einstein field equations. A realization of the same variational principle in both unconstrained and constrained forms is provided. As a consequence, the cosmological constant is found to be identified with a Lagrange multiplier associated with the normalization constraint for the extremal metric tensor. In particular, it is proved that the same Lagrange multiplier identifies a 4-scalar gauge function generally dependent on an invariant proper-time parameter s. Such a result is shown to be consistent with the prediction of the cosmological constant based on the theory of manifestly-covariant quantum gravity.