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HEAT oil in large nonstick skillet on medium-high heat. Add chicken; cook 5 to 7 min. on each side or until evenly browned on both sides. Sprinkle with red pepper.
ADD Pasta, Seasoning and water; stir. Cover; cook on medium heat 7 to 9 min. or until pasta is tender.
REMOVE chicken from skillet; set aside. Add green peppers and corn to pasta mixture in skillet; mix well. Top with chicken; cook, covered, 5 min. or until heated through. Sprinkle with Croutons and Parmesan.