1. Prepare the asparagus by breaking off discarding the tough ends (about the last inch of the spear). Cut into 1 to 1 1/2-inch pieces (tips longer, base shorter). If your asparagus are especially large, cut into even smaller (bite-size) pieces. Bring a saucepan with a quart of water to a boil. Blanch the asparagus pieces for 2 minutes. At the end of two minutes, use a slotted spoon to remove the asparagus pieces to an ice water bath to shock the asparagus into a vibrant green color and to
   stop the cooking. Drain from the ice water bath and set aside.
2. In a 3 or 4 qt saucepan, heat 3 T butter on medium heat. Add the shallots and cook for a few minutes until translucent. Add the rice and cook for 2 minutes more, stirring until nicely coated.
3. While the shallots are cooking, bring the stock to a simmer in a saucepan.
4. Add the wine. Slowly stir, allowing the rice to absorb the wine. Once the wine is almost completely absorbed, add 1/2 c of stock to the rice. Continue to stir until the liquid is almost completely absorbed, adding more stock in 1/2 c increments. Stir often to prevent the rice from sticking to the bottom of the pan. Continue cooking and stirring rice, adding a little bit of broth at a time, cooking and stirring until it is absorbed, until the rice is tender, but still firm to the bite, about 15 to 20 minutes. Remove from heat.
   
   Note the stock amount given is approximate. You may need a little more or less. If
   you end up needing more stock and you find yourself without, just use water or the
   cooking water from the asparagus.
5. Gently stir in the Parmesan cheese, the remaining 1 tsp butter, and the asparagus. Add salt and pepper to taste. Serve immediately.
   
   

From www.simplyrecipes.com