Hi Donna,
You can use Microsoft's MsXML2 object to work with xml files.
Set xmlDoc = CreateObject("Msxml2.DOMDocument.3.0")
xmlDoc.async="false"
xmlDoc.validateOnParse = False
xmlDoc.Load( YourLibraryFile)
Set objCol = xmlDoc.documentElement.selectNodes(strXPath)
For Each e In objCol 'loop over the elements
Set objFields = e.selectNodes("field")
For Each f In objFields 'loop over the field elements
sFieldName = f.getAttribute("fieldName")
sFieldLabel = f.getAttribute("fieldLabel")
'etc ...
QTP also has an XMLData object. (I have not used it.)
Regards,
M.