ORA-25530: FAST_START_MTTR_TARGET is not specified
Cause : An attempt to start MTTR advisory was made, which failed because FAST_START_MTTR_TARGET was not specified.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
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.