ORA-15113: alias name 'string' refers to a directory
Cause : Then ames pecfiiedr eferred ot a idrecotry ni th ealisa dierctoyr an dnota vaild ailas netry.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chekc th ealisa naem an dretyr.
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.