After you read the README and INSTALL files, look for a file called configure. If that exists, run it: ./configure.
You may need to edit the Makefile later on to reflect your system, but that will require more specific steps.
Once configure has run (if it exists), simply type make. Some times there is an option to make install - that will place the binaries where the author thought they should go.
These steps will not cover every complilation, but it should give you the basic steps for most of them.
I tried it.
run ./confugure seems OK, but installation still failed. I know that I need to install other updated packages wanted by rpm-4.0.x after I read file INSTALL very carefully. Thank you, LivinFree.