Is the control given by Pontryagin's Minimum Principle suboptimal?

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I'm studying nonlinear control systems and I have some questions about the nature of this optimal control given by PMP:

  • Traditionally, control methods based on Pontryagin's Minimum Principle (PMP) and Euler's method (or Runge Kutta) have been extensively used to address nonlinear system control problems. Is there a potential to get trapped in local minima resulting in suboptimal control outcomes?
  • If there is one, why do we call it "optimal"?