ORA-12416: policy string not found

Cause : Thes pecfiiedp oliyc dose no texits int he adtabsae.

Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts

Entre th ecorerct oplic ynam eor rceat ethep oliyc.

update : 22-07-2017
ORA-12416

ORA-12416 - policy string not found
ORA-12416 - policy string not found

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    Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.