Cook pasta according to package directions. Meanwhile, in a small saucepan, bring cream to a boil. Reduce heat; simmer, uncovered, for 6–7 minutes or until slightly thickened.
Place asparagus and water in a microwave-safe dish. Cover; microwave on high for 3–4 minutes or until crisp-tender. Drain.
Drain pasta and place in a large serving bowl. Add the cream, asparagus, Parmesan cheese and prosciutto; toss to coat.
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