PowerShell v3 is a Windows task-automation framework composed of a command-line shell and programming language that is built on the .NET framework.
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PowerShell v3 introduces new cmdlets to allow administrators to dig deeper into system processes which can be rolled into executable files or scripts. A cmdlet is a lightweight command that the Windows PowerShell runtime invokes within the context of automation scripts. Cmdlets include Get-Location, which shows the current directory, Get-Content, which accesses the content of a file, and Stop-Process, which kills the running process.
PowerShell v3 ships with the Windows Management Framework 3.0 inside Windows Server 8. PowerShell runtime also can be embedded into other applications.