The Open Transport/PPP preferences information is stored in a file named Remote Access Connections. The path to the file is System Folder:Preferences:Remote Access:Remote Access Connections.
Open Transport/PPP stores the password in the Remote Access Connections file mentioned above. Should you forget the password (which is set by selecting administration in the PPP control panel), simply close the PPP control panel, remove the Remote Access Connections file and launch the PPP control panel again. A restart is not necessary.