I have followed the following simple steps to connect to my exchange servers from my windows 7 computer to perform the daily activities:

Note: There should be TCP/IP connctivity between the computer and Exchange Server

1.  Open Windows Powershell as Administrator

2.  $UserCredential = Get-Credential

3.  $Session = New-PSSession -ConfigurationName Microsoft.Exchange -ConnectionUri http://Servername.domain.com/PowerShell/ -Authentication Kerberos

4.  Import-PSSession $Session