The multiconfiguration self-consistent field (MCSCF) method offers the
most general approach to the computation of chemical reactions and mu
ltiple electronic states. This review discusses the design of MCSCF wa
vefunctions for treating these problems and the interpretation of the
resulting orbitals and configurations. In particular, localized orbita
ls are convenient both for selection of the appropriate active space a
nd for understanding the computed results. The computational procedure
s for optimizing these wavefunctions and the techniques for recovery o
f dynamical correlation energy are reviewed.