ORA-16755: failed to set initialization parameter

Cause : The ALTER SYSTEM SET or ALTER SYSTEM RESET command issued by the Data Guard broker failed.

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

Check the Data Guard broker log and Oracle alert log for more details.

update : 21-08-2017
ORA-16755

ORA-16755 - failed to set initialization parameter
ORA-16755 - failed to set initialization parameter

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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.