The present article summarizes experimental and theoretical considerations required for a proper use of dynamic light scattering (DLS) for the measurement of transport properties of fluids. It addresses not only recent advancements of the method, but also aims to provide recommendations to researchers who intend to apply the technique in the future. As outlined in this study, DLS is based on the analysis of scattered light governed by microscopic statistical or periodic fluctuations that originate from the thermal movement of molecules and/or particles at macroscopic thermodynamic equilibrium. The dynamics of these hydrodynamic fluctuations in the bulk of fluids or at their phase boundaries are related to the underlying diffusive processes and, thus, to the associated transport properties, and are reflected by the time-dependent correlation function of the scattered light intensity. The fundamentals of this type of detection, known as photon correlation spectroscopy (PCS), will be discussed in the present contribution in some more detail. It is emphasized that the experiments need to be designed carefully in accordance with theory in order to assign the measurement signals to the corresponding hydrodynamic fluctuations. If the necessary conditions are fulfilled, DLS allows the accurate determination of several transport properties including kinematic and dynamic viscosity, thermal diffusivity, mutual diffusivity, and sound attenuation, which may be accessed together with other thermophysical properties such as speed of sound and surface or interfacial tension. In some instances, also the simultaneous determination of several transport properties is possible. With the exception of the sound attenuation, expanded uncertainties for the mentioned transport properties down to 1 % can be achieved for various types of fluid systems over a wide range of thermodynamic states up to elevated temperatures and pressures as well as in the vicinity of critical points. This performance and versatility of the DLS technique is documented in the present study by highlighting measurement examples from recent thermophysical property research on different classes of working fluids relevant for process and energy technology.