Technological literacy has assumed a significant position on the national educational agenda. An analysis of technology and its potential to transform education is presented in this report. The text opens by delineating and discussing some of the more urgent questions schools confront as they consider investments in technology. These questions include: How does technology fit into the broader picture of education reform? and What basic guidelines can school leaders and staff employ as they seek adequate resources to ensure that their investment in technology will be cost-effective? Views of four individuals chosen from research and practice are offered. Barbara Means, who is a researcher at the forefront of technology and project-oriented teaching and learning, explains how technology can further constructivist teaching and learning. Her view is followed by those of three practitioners who focus on technology as a teaching and learning tool, on structures that facilitate technology, on developing technological competence for teachers and parents, on costs and investments for technology, on ways technology assists project-oriented teaching and learning, on educating parents and families, on refining school structures to support project-based learning, and on planning and budgeting for technology. Strategies for overcoming resistance, developing a knowledge base for teachers, and ensuring equitable access to technology for teachers and students are also provided. (Contains a self-assessment tool for school leaders and 24 references.) (RJM)