I have found the way to forcibly shrink shared pool dynamically. Documentation stats that ASMM can only increase shared pool, it can not shrink it. To shrink shared_pool_size immediately, you have to switch to manual mode. After shrinking you can again switch back to ASMM mode. <http://download.oracle.com/docs/cd/B19306_01/server.102/b14231/create.htm#s thref383> http://download.oracle.com/docs/cd/B19306_01/server.102/b14231/create.htm#st href383 Automatic Tuning and the Shared Pool When the automatic shared memory management feature is enabled, the internal tuning algorithm tries to determine an optimal size for the shared pool based on the workload. It usually converges on this value by increasing in small increments over time. However, the internal tuning algorithm typically does not attempt to shrink the shared pool, because the presence of open cursors, pinned PL/SQL packages, and other SQL execution state in the shared pool make it impossible to find granules that can be freed. Therefore, the tuning algorithm only tries to increase the shared pool in conservative increments, starting from a conservative size and stabilizing the shared pool at a size that produces the optimal performance benefit. Currently ASMM is enabled. SQL> alter system set sga_target = 300M; System altered. SQL> alter system set shared_pool_size = 0; System altered. SQL> alter system set db_cache_size = 0; System altered. SQL> show sga Total System Global Area 314572800 bytes Fixed Size 1261564 bytes Variable Size 222298116 bytes Database Buffers 88080384 bytes Redo Buffers 2932736 bytes Lets try to shink shared pool and increase db_cache_size SQL> alter system set shared_pool_size = 75M; System altered. SQL> alter system set db_cache_size = 200M; alter system set db_cache_size = 200M * ERROR at line 1: ORA-32017: failure in updating SPFILE ORA-00384: Insufficient memory to grow cache Now lets switch to manual mode temporarily SQL> alter system set sga_target = 0; System altered. SQL> alter system set shared_pool_size = 75M; System altered. SQL> alter system set db_cache_size = 200M; System altered. SQL> show sga Total System Global Area 314572800 bytes Fixed Size 1261564 bytes Variable Size 100663300 bytes Database Buffers 209715200 bytes Redo Buffers 2932736 bytes Voilla !!! we have successfully decreased shared pool and increased db_cache_size. Now let switch back to ASMM mode. SQL> alter system set sga_target = 300M; System altered. SQL> alter system set shared_pool_size = 0; System altered. SQL> alter system set db_cache_size = 0; System altered. SQL> show sga Total System Global Area 314572800 bytes Fixed Size 1261564 bytes Variable Size 92274692 bytes Database Buffers 218103808 bytes Redo Buffers 2932736 bytes Regards, Vishal Gupta