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Add one tbsp olive oil to a 12" skillet over medium high heat and cook the garlic, peppers, and onions, cook for 3 minutes or until the onions and pepper begin to soften.
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Toss in the potatoes; mix well.
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While the veggies are cooking, cook the Alfredo according to package directions with the cup of water.
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Once the sauce has thickened, add it to the skillet, mix well. Smooth out the items, making them as even as possible in the pan.
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Drizzle the top with the remaining tablespoon of olive oil.
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Cook for 30-40 minutes in a 350° F pre-heated oven, depending on how large the potatoes were cubed, or until done.
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Serve immediately.