The key bits of dynamic programming are "overlapping sub-problems" and "optimal substructure". These properties of a problem mean that an optimal solution is composed of the optimal solutions to its sub-problems. For instance, shortest path problems exhibit optimal substructure. The shortest path from A to C is the shortest path from A to some node B followed by the shortest path from that node B to C.
In greater detail, to solve a shortest-path problem you will:
Because we are working bottom-up, we already have solutions to the sub-problems when it comes time to use them, by memoizing them.
Remember, dynamic programming problems must have both overlapping sub-problems, and optimal substructure. Generating the Fibonacci sequence is not a dynamic programming problem; it utilizes memoization because it has overlapping sub-problems, but it does not have optimal substructure (because there is no optimization problem involved).