Explorer Context Menu for opening PowerShell in that directory. This also includes elevated options. Base on https://stackoverflow.com/a/24603961/288393

OpenPowerShellHere.reg

Windows Registry Editor Version 5.00

[HKEY_CLASSES_ROOT\Directory\Background\shell\OpenPowerShellHere]
@="Open PowerShell here"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Directory\Background\shell\OpenPowerShellHere\command]
@="powershell.exe -NoExit -Command Set-Location -LiteralPath '%V'"

[HKEY_CLASSES_ROOT\Directory\shell\OpenPowerShellHere]
@="Open PowerShell here"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Directory\shell\OpenPowerShellHere\command]
@="powershell.exe -NoExit -Command Set-Location -LiteralPath '%V'"

[HKEY_CLASSES_ROOT\Drive\shell\OpenPowerShellHere]
@="Open PowerShell here"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Drive\shell\OpenPowerShellHere\command]
@="powershell.exe -NoExit -Command Set-Location -LiteralPath '%V'"

[HKEY_CLASSES_ROOT\Directory\Background\shell\OpenPowerShellHereElevated]
@="Open PowerShell here (elevated)"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Directory\Background\shell\OpenPowerShellHereElevated\command]
@="powershell.exe -NoProfile -Command Start-Process -verb runAs -ArgumentList '-NoExit','cd','%V' powershell"

[HKEY_CLASSES_ROOT\Directory\shell\OpenPowerShellHereElevated]
@="Open PowerShell here (elevated)"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Directory\shell\OpenPowerShellHereElevated\command]
@="powershell.exe -NoProfile -Command Start-Process -verb runAs -ArgumentList '-NoExit','cd','%V' powershell"

[HKEY_CLASSES_ROOT\Drive\shell\OpenPowerShellHereElevated]
@="Open PowerShell here (elevated)"
"Icon"="C:\\Windows\\System32\\WindowsPowerShell\\v1.0\\powershell.exe"

[HKEY_CLASSES_ROOT\Drive\shell\OpenPowerShellHereElevated\command]
@="powershell.exe -NoProfile -Command Start-Process -verb runAs -ArgumentList '-NoExit','cd','%V' powershell"