if you don't have tools, buy a cheap halfruads tool set and replace as they break.
measure the spacing between the rear dropouts.
Choose cranks and buy BB to match - (see definitive lists).
buy wheelset depending on your rear spacing (see definitive list or buy secondhand on here) If its SS then you can just use anyold 2nd hand road wheelset (subject to rear spacing).
mess about with chainline (see above reading material).
buy the cheapest quill stem you can, while you work out what length you need, then buy a nice one. Also remember that handlebars have different diameters so you need a stem that fits the bars you want.
read the sticky thread in mech and fixing.
read sheldon brown
Buy some vernier (sp?) callipers.
if you don't have tools, buy a cheap halfruads tool set and replace as they break.
measure the spacing between the rear dropouts.
Choose cranks and buy BB to match - (see definitive lists).
buy wheelset depending on your rear spacing (see definitive list or buy secondhand on here) If its SS then you can just use anyold 2nd hand road wheelset (subject to rear spacing).
mess about with chainline (see above reading material).
buy the cheapest quill stem you can, while you work out what length you need, then buy a nice one. Also remember that handlebars have different diameters so you need a stem that fits the bars you want.
the rest should be relatively obvious.
Hope that helps to get you started.