Howtoforge posted a tutorial about managing OpenVZ with the Vtonf control panel on CentOS 5.2
Vtonf is a free web-based control panel (released under the GPL license) for managing virtual private servers (VPS) based on OpenVZ. It makes it very easy to create and manage OpenVZ VMs even for people with little technical knowledge. Right now, Vtonf is available only for RedHat, Fedora, and CentOS (support for Debian is planned), therefore I describe its installation and usage on a CentOS 5.2 server.Managing OpenVZ With The Vtonf Control Panel On CentOS 5.2