To solve problems involving conservation of momentum, it's essential to understand that the total initial momentum of a system must equal the total final momentum. This can be expressed mathematically as the sum of the products of mass and velocity for all objects before the event equaling the sum after the event. When setting up a problem, identify all objects involved and their respective masses and velocities. Use the equation (massA)(velocityA) + (massB)(velocityB) = (massA)(velocityA) + (massB)(velocityB) to solve for unknowns. Mastering this concept is crucial for accurately analyzing momentum-related problems.