Wash and scrub as many red potatoes as you would like,
Cut them into large bite-sized chunks.
Place them in pressure cooker with 1 cup water. Cook on veggie setting for 3 minutes.
Quick release and drain in colander.
Place potatoes immediately into a large mixing/serving bowl. While the potatoes are still hot stir in ranch salad dressing, frozen peas and black pepper to taste. Mix well.
Chill salad in fridge until cold.
At this point you may want to stir in more ranch dressing so it isn't too dry. But you can also just leave it as it is. Just depends on how wet you like your potato salad.
Stir in crumbled cooked bacon pieces just before serving.