Wordpress Password Kit allows you to set password of Wordpress straight into the database. Many a times for some reason you forget the wordpress password. Altough you have access to database you don't have access to your wordpress admin. At that time you can't just go to database and save the password. It has encrypted in a particular format. This app allows you to generate that encrypted password and save it in the database. It is something like setting new password but from phpmyadmin.