Source : Webster's Revised Unabridged Dictionary (1913)

Oversee \O`ver*see"\, v. i.
   To see too or too much; hence, to be deceived. [Obs.]

         The most expert gamesters may sometimes oversee.
                                                  --Fuller.

         Your partiality to me is much overseen, if you think me
         fit to correct your Latin.               --Walpole.

Oversee \O`ver*see"\, v. t. [imp. {Oversaw}; p. p. {Overseen};
   p. pr. & vb. n. {Overseeing}.] [AS. ofers['e]on to survey, to
   despise. See {Over}, and {See}.]
   1. To superintend; to watch over; to direct; to look or see
      after; to overlook.

   2. To omit or neglect seeing. --Spenser.

Source : WordNet®

oversee
     v : watch and direct; "Who is overseeing this project?" [syn: {supervise},
          {superintend}, {manage}]
     [also: {overseen}, {oversaw}]