Preheat the oven to 350°F (175°C) and prepare the baking pan.
In a large mixing bowl, combine the yellow cake mix, eggs, and water until smooth.
Pour the batter into the prepared baking pan and bake for 30-35 minutes.
Once baked, let the cake cool for about 10 minutes, then poke holes all over the surface.
Pour the sweetened condensed milk over the cake, ensuring it gets into the holes.
Prepare the praline topping by melting butter and brown sugar together in a saucepan.
Once melted and combined, add the chopped pecans and stir to coat.
Spread the praline mixture evenly over the cake while still warm.
Whip the heavy cream until soft peaks form, then spread it over the cooled cake.
Garnish with additional chopped pecans and refrigerate before serving.