The ISSYS_MODIFIABLE column in V$PARAMETER tells us whether the parameters are static or dynamic. Static parameters require the instance to be restarted while dynamic parameters can take effect immediately upon being changed.
SQL> select distinct issys_modifiable from v$parameter;
ISSYS_MODIFIABLE
---------------------------
DEFERRED
FALSE
IMMEDIATE
· IMMEDIATE - Parameter can be changed with ALTER SYSTEM regardless of the type of parameter file used to start the instance. The change takes effect immediately.
· DEFERRED - Parameter can be changed with ALTER SYSTEM regardless of the type of parameter file used to start the instance. The change takes effect in subsequent sessions.
· FALSE - Parameter cannot be changed with ALTER SYSTEM unless a server parameter file was used to start the instance. The change takes effect in subsequent instances.
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