Sprinkle yeast over the warm water. Stir then set aside.
In a large bowl combine flour and salt. Drizzle in olive oil. Stir until combined. Next, pour in yeast/water mixture. Continue to mix until combined and a soft dough forms. (You can do this by hand or with a stand mixer, with paddle attachment, on low speed.)
Coat a separate mixing bowl with a light drizzle of olive oil, and form dough into a ball. Turn to coat dough in oil, then cover the bowl with plastic wrap. Let dough sit, and double in size for at about an hour.