In this work, we present an overview of the phaseless
auxiliary-field
quantum Monte Carlo (ph-AFQMC) approach from a computational quantum
chemistry perspective and present a numerical assessment of its performance
on main group chemistry and bond-breaking problems with a total of
1004 relative energies. While our benchmark study is somewhat limited,
we make recommendations for the use of ph-AFQMC for general main-group
chemistry applications. For systems where single determinant wave
functions are qualitatively accurate, we expect the accuracy of ph-AFQMC
in conjunction with a single-determinant trial wave function to be
between that of coupled-cluster with singles and doubles (CCSD) and
CCSD with perturbative triples (CCSD(T)). For these applications,
ph-AFQMC should be a method of choice when canonical CCSD(T) is too
expensive to run. For systems where multireference (MR) wave functions
are needed for qualitative accuracy, ph-AFQMC is far more accurate
than MR perturbation theory methods and competitive with MR configuration
interaction (MRCI) methods. Due to the computational efficiency of
ph-AFQMC compared to MRCI, we recommended ph-AFQMC as a method of
choice for handling dynamic correlation in MR problems. We conclude
with a discussion of important directions for future development of
the ph-AFQMC approach.