Owner Estimate (OE) works as reference to evaluate bid price of goods and services which goals to get reasonable bid price, accountable and can be carried out by partners in accordance with the condition of contract. Owner Estimate (OE) or Self-Estimated Price (HPS) is the estimated price of goods/services analyzed professionally and validated by authority executives. Criteria include: benefits of the project, project quality, length of time and cost incurred.
The success of a project depends on the extent to which the project can meet the project success criteria. Project defined as an activity takes place in a temporary period of time, with limited resources and intended to carry out determined tasks.
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