Problem: After installing Service Pack 1 for Exchange Server 2010, the Exchange Management Shell is missing.

Cause: Missing certain .ps1 scripts from the bin directory, removed during SP1 setup.Resolution: There is no resolution at this time. 

Workaround:

1. Verify that the ConnectFunctions.ps1 , RemoteExchange.ps1 and CommonConnectFunctions.ps1 files are present in the %ExchangeInstallPath%bin directory.

NOTE: If these files are missing, you can copy the files from the Exchange Server 2010 Service Pack 1 installation media to the %ExchangeInstallPath%bin directory.
These files are present in the setupserverrolescommon folder.

2. Right click an open area on the Desktop, click New , click Shortcut .

3. In the Type the location of the item , type in the text below:
%SystemRoot%System32WindowsPowerShellv1.0powershell.exe -noexit -command ". ‘%ExchangeInstallPath%binRemoteExchange.ps1’; Connect-ExchangeServer -auto"

4. Name the shortcut Exchange Management Shell and click Finish .

5. Right click the Exchange Management Shell shortcut, click Properties and remove the text from Start In field on the Shortcut tab.

6. On the Shortcut tab, click Change Icon , click Browse and type in the text below:
%SystemRoot%Installer{4934D1EA-BE46-48B1-8847-F1AF20E892C1}PowerShell.exe

7. Select the Exchange icon and click OK .

8. Click Apply and click OK .

9. Copy the new Exchange Management Shell shortcut to this location:
%systemdrive%ProgramDataMicrosoftWindowsStart MenuProgramsMicrosoft Exchange Server 2010

Kind Regards
Catastrophic Failure ”JV”