In medium bowl, beat pudding mix and milk with wire whisk 2 minutes. Cover and refrigerate 5 minutes.
In separate medium bowl, mix cream cheese and whipped topping, blending well.
In bottom of 8-cup bowl, place 1 cup of the crushed cookies. Spread half of cream cheese mixture over crushed cookies; sprinkle with half of pecans. Spread all of pudding evenly over top; spread remaining cream cheese mixture evenly over pudding. Sprinkle with remaining cookies and pecans. Cover and refrigerate until serving time.