To solve the ODE xy' = y + 3x^2cos^2(y/x) with the initial condition y(0) = π/2, a substitution of y = vx is suggested to simplify the equation. Dividing both sides by x helps isolate y' and reveals the potential for the substitution. For beginners in ODEs, it's recommended to recognize common forms like separable, first-order linear, or homogeneous equations, as this can guide the solving process. However, as one progresses, identifying the type of ODE during exams can become challenging, especially with tricky questions. Continuous practice is emphasized as essential for mastering these concepts in differential equations.