How you can manage good project management by ms project?

- Define your resources correctly

- Define your tasks and the parameters of each task (resources, duration, dependency, & start and finish conditions)

- Check for any resource conflicts identified by the system and resolve any problems

- Base line the project

- Record actual progress.

- Check for deviations identified by the system and resolve any problems after getting management approval for any resultng deviation in completion time and/or cost.

I agree with Mr Mohammad answer, but the most important thing is that MS Project is just a tool, software, so the best way to manage it is having a clear idea of it and then use the software as what it has been designed for.