Another way to think about this approximation is the Taylor series for a function \(f\left(x\right)\) near its minimum at \(x = a\).
$$f\left(x\right)\approx f\left(a\right)+f^{\prime}\left(a\right) \left(x-a\right)+\frac{1}{2}f^{\prime\prime}\left(a\right)\left(x-a\right)^2$$
At the minimum, the derivative is zero, so \(f^{\prime}\left(a\right)=0\). Therefore, the first order term drops out; the zeroth order term, \(f\left( a\right)\) and the second order term \(\frac{1}{2}f^{\prime \prime}\left(a\right)\left(x-a\right)^2\) remain, i.e.,
$$f\left(x\right)\approx f\left(a\right)+\frac{1}{2}f^{\prime\prime}\left(a\right)\left(x-a\right)^2$$
If the function \(f\) is your potential, then you now have an oscillator potential for this small neighborhood of \(x=a\). We know the solutions for \(x\left(t\right)\) in this neighborhood, as we discussed in remote session 26.
Many physical systems can be studied profitably from this standpoint, the Taylor series expansion of the potential near one of its minima.