classify ten real-world project scenarios as either time-constrained or resource-constrained based on project scheduling criteria. Each project must be assigned to one classification only, and explain.Assume that you are a project administrator of multiple projects for a firm that is a chain of five financial banks in a rural part of one corner of a mid-western/plains state in the United States of America. You are an executive level employee of that firm. You are required to report to the head chairperson of the Project Administration (Project Governance and Steering) Committee that oversees all projects in the portfolio of projects for the firm. That person is also an executive level employee of that firm. Provide a list of your ten projects and classify each of them by type of constraint (for scheduling purposes) faced by that project.classify each of the following projects as either:A TIME-CONSTRAINED PROJECT or A RESOURCE CONSTRAINED PROJECT(Each project can only be classified as one of the two types, so select the best (most accurate) classification if you think the project could be classified in more than one way.)6) Constructing secure storage locations within each bank location to hold documents scheduled for secure shredding between the times when the secure shredding truck visits each bank location. Only one firm makes the modular units that serve as secure shredding storage areas for retrofitting existing banks. Those modular units slide into an existing building wall and provide a secure door to the inside of the bank and a secure access door on the outside of the bank that the shredding truck can access. The units also include a video surveillance system that not only keeps track of the interior space in the unit, but also monitors the areas (both inside the bank and outside the bank) that surround the installed unit. The local construction contractor who will knock out the existing bank building walls and frame up the space for the pending installation of the modular unit cannot do so until the special order modular unit is ready to ship from the manufacturer. That manufacturer is located over 1200 miles away. Due to a four-fold increase in orders received, the manufacturer of the modular units has placed your firm on a waiting list and has informed you that the delay in shipping your firm's units may be anywhere from three months to 10 months. They will not permit firms to pay extra for expedited production of the units and/or expedited delivery of the units. The local construction contractors have indicated they are willing to work with your firm and to drop everything to prepare the buildings to receive the modular units as soon as the manufacture can assure your firm that the units are close to being ready to ship. Until the units can be installed, the various bank locations of your firm have resigned themselves to the fact that they will have to continue dealing with sensitive materials for shredding the same way they have done so for the past five years.7) Creating a bank-sponsored travel club/local social activity club for all senior citizen depositors/customers of any of the banks owned by the firm. Your firm wants to begin promoting this about the time school starts up in your community in the fall. Your firm sees it as an important strategic initiative to draw in new accounts from senior citizens and to keep current senior citizens who bank at your firm from going elsewhere with their money just so they can participate in such clubs and activities. Because the potential gains from successfully completing this project are considerable and the potential losses from not getting it done in a timely manner are significant, the bank is willing to invest up to an additional $10,000(but only if necessary) above an beyond the initial project budget to ensure this project is ready to go by this coming fall.8) Installing free public wi-fi Internet access at each bank location for use by bank patrons. While the bank views this as 'nice to have", the Project Administration Committee has informed you other projects on your plate have a higher priority and that no additional personnel, equipment, or budget beyond that already approved for this project will be allocated to it, so you are to work in the completion of this project as those constraints permit.