The host running Oracle Linux KVM should meet the requirements of the Oracle Linux KVM compute host as defined in the Oracle Linux Virtualization Manager installation guide. The Oracle Linux Virtualization Manager provides a utility called olvm_vmcontrol, through which users can set and get the CPU/vCPU bindings for a virtual machine on Oracle Linux KVM.
The olvm_vmcontrol utility can run on the host running the Oracle Linux Virtualization Manager or on a separate Oracle Linux host that has connectivity to the Oracle Linux Virtualization Manager.