Place yeast in the warm water. Stir lightly to dissolve. Set aside for 5 to 10 minutes.
If using an Upright Electric Mixer, like a KitchenAid, attach the mixing paddle since the dough hook isn’t effective for this small batch.
Place all other ingredients, except 1 teaspoon olive oil, in mixing bowl. Add dissolved yeast/water. (Avoid pouring the salt directly into the yeast water as it can kill some of the yeast.)
Mix gradually on the lowest 2 speeds for 2 to 3 minutes until the dough is smooth and elastic. Over-mixing can make the dough tough and cause it to rise too quickly due to friction.
If using a Food Processor, use the plastic dough blade instead of the sharp steel knife to avoid cutting the gluten strands. Follow the same steps as above, but be cautious not to mix too long as the heat from friction can exceed 120°F and kill the yeast. Mix just until a smooth dough ball forms.
If Mixing by Hand, place dry ingredients in a 4 to 6 quart mixing bowl. Make a well in the middle and pour in the liquids (except the teaspoon of olive oil). Use a wooden spoon to combine. After initial mixing, lightly oil your hands and knead the dough for 5 minutes until it’s slightly tacky, just beyond sticking to your hands.
Lightly oil the dough ball and a 1-quart glass bowl. Place the dough in the bowl. Seal tightly with clear food wrap. Set aside on the counter and let it rise at room temperature (70-75°F) until doubled in bulk, about 1 1/2 to 2 hours. For the best texture and flavor, punch down the dough, reform into a ball, and refrigerate overnight, covered airtight. About 2 hours before making your pizza, remove the dough from the fridge.
Divide dough into 2 equal portions, or 4 for smaller pizzas. Roll the dough into balls, ensuring any holes are sealed by pinching or rolling.
Place the balls in a glass casserole dish with space to double in size. Cover with clear food wrap and let rise at room temperature for about 2 hours until smooth and puffy.