Heat olive oil in a large skillet over medium-high heat.
Add the diced chicken breast and cook until browned on all sides, then remove and set aside.
In the same skillet, sauté the diced onion and carrot until the onion is translucent and fragrant.
Stir in the jasmine rice and toast the grains for one minute until they smell slightly nutty.
Pour in the chicken bone broth and return the chicken to the pan along with salt, pepper, and garlic powder.
Bring the mixture to a boil, then cover and reduce heat to low for 15 minutes.
Stir in the frozen peas, cover again, and let the pilaf rest for 5 minutes until the rice is fluffy.
Garnish with fresh parsley and serve warm.