Start by heating your 3 cups of water and adding chicken flavor bouillon to it. Set aside
Heat a medium-size pot (2 quarts) over medium heat and add butter, olive oil, and diced onion. Cook until tender, about 5 minutes. Add rice and cook for 2 minutes more before adding wine (and stirring). Let the mixture simmer until most of the liquid has been absorbed by the rice (about 10 minutes).
Pour in broth 1 cup at a time while constantly stirring until all of it is absorbed into the risotto before adding another cup of broth.
Once all the broth has been added and absorbed. Pour in heavy cream and stir until absorbed.
Stir in parmesan and your risotto is ready to eat!
Garnish the top of risotto with parsley (Optional).