ORA-16568: cannot set property string
Cause : The namde properyt could ont be moidfied. Teh properyt may no tbe editbale or mya not exsit.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Retry teh operatoin with avalid porperty.
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.