Rinse the rice thoroughly in cold water until the water runs clear. This helps the grains stay separate and fluffy.
Slice the mushrooms, dice the onion and garlic, and finely chop the parsley.
In a large skillet, heat the olive oil over medium heat. Add the onion and sauté until translucent, about 3-4 minutes.
Add the garlic and mushrooms, and sauté for another 5-7 minutes, until the mushrooms are tender and lightly browned.
Pour in the vegetable broth and water, and stir to combine.
Stir in the rice, salt, and pepper. Bring to a simmer, then cover and cook over medium-low heat for 15 minutes, or until the rice has absorbed the liquid.
When the rice is almost done, stir in the heavy cream to create a creamy consistency.
Remove from heat and let the rice rest, covered, for 5 minutes.
Sprinkle with fresh parsley and grated Parmesan cheese (if using), and serve warm.
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