The film does suffer from trying to compress a whole office of computers into just three people, and a whole remaining government bureaucracy into another handful (Costner, Parsons, etc). It also has to do this while covering a part of the space program most people today are not familiar with (technically NACA not NASA, Atlas and earlier). At the same time, it's reasonable to cut out the 90% that's normal office work, because it's boring and doesn't help us understand the time or situation.
Most of the events have strong factual footing, with the notable exception of Costner's white savior moment. If you want more information, the book is dry and a little disorganized, but of course much more thorough about the timeline and who did what.