In the words of Fred Brooks himself: The book is called "The Bible of Software Engineering" because everybody reads it, but nobody does anything about it!"
It's actually got some good ideas but I think you'll find it less of the guiding light that you might expect. It was written in the world of the waterfall method, batch processing computers, and systems development. It has some really interesting stories about OS/360, but I think you'll find more guidance in a modern book on Agile methods.