diff --git a/poetry.toml b/poetry.toml
index ab1033bd37..62e2dff2a2 100644
--- a/poetry.toml
+++ b/poetry.toml
@@ -1,2 +1,3 @@
 [virtualenvs]
 in-project = true
+create = true
diff --git a/scripts/setup_env.ps1 b/scripts/setup_env.ps1
deleted file mode 100644
index 82ff515bc6..0000000000
--- a/scripts/setup_env.ps1
+++ /dev/null
@@ -1,67 +0,0 @@
-$current_dir = Get-Location
-$script_dir = Split-Path -Path $MyInvocation.MyCommand.Definition -Parent
-$repo_root = (Get-Item $script_dir).parent.FullName
-& git submodule update --init --recursive
-
-
-function Exit-WithCode($exitcode) {
-    # Only exit this host process if it's a child of another PowerShell parent process...
-    $parentPID = (Get-CimInstance -ClassName Win32_Process -Filter "ProcessId=$PID" | Select-Object -Property ParentProcessId).ParentProcessId
-    $parentProcName = (Get-CimInstance -ClassName Win32_Process -Filter "ProcessId=$parentPID" | Select-Object -Property Name).Name
-    if ('powershell.exe' -eq $parentProcName) { $host.SetShouldExit($exitcode) }
-
-    exit $exitcode
- }
-
-
-function Install-Poetry() {
-    Write-Host ">>> Installing Poetry ... "
-    $python = "python"
-    if (Get-Command "pyenv" -ErrorAction SilentlyContinue) {
-        if (-not (Test-Path -PathType Leaf -Path "$($repo_root)\.python-version")) {
-            $result = & pyenv global
-            if ($result -eq "no global version configured") {
-                Write-Host "!!! Using pyenv but having no local or global version of Python set." -Color Red, Yellow
-                Exit-WithCode 1
-            }
-        }
-        $python = & pyenv which python
-
-    }
-
-    $env:POETRY_HOME="$repo_root\.poetry"
-    (Invoke-WebRequest -Uri https://install.python-poetry.org/ -UseBasicParsing).Content | & $($python) -
-}
-
-Write-Host ">>>  Reading Poetry ... " -NoNewline
-if (-not (Test-Path -PathType Container -Path "$($env:POETRY_HOME)\bin")) {
-    Write-Host "NOT FOUND"
-    Install-Poetry
-    Write-Host "INSTALLED"
-} else {
-    Write-Host "OK"
-}
-
-if (-not (Test-Path -PathType Leaf -Path "$($repo_root)\poetry.lock")) {
-    Write-Host ">>> Installing virtual environment and creating lock."
-} else {
-    Write-Host ">>> Installing virtual environment from lock."
-}
-$startTime = [int][double]::Parse((Get-Date -UFormat %s))
-& "$env:POETRY_HOME\bin\poetry" install --no-root $poetry_verbosity --ansi
-if ($LASTEXITCODE -ne 0) {
-    Write-Host "!!! ", "Poetry command failed."
-    Set-Location -Path $current_dir
-    Exit-WithCode 1
-}
-Write-Host ">>> Installing pre-commit hooks ..."
-& "$env:POETRY_HOME\bin\poetry" run pre-commit install
-if ($LASTEXITCODE -ne 0) {
-    Write-Host "!!! Installation of pre-commit hooks failed."
-    Set-Location -Path $current_dir
-    Exit-WithCode 1
-}
-
-$endTime = [int][double]::Parse((Get-Date -UFormat %s))
-Set-Location -Path $current_dir
-Write-Host ">>> Done in $( $endTime - $startTime ) secs."
diff --git a/tools/manage.ps1 b/tools/manage.ps1
new file mode 100644
index 0000000000..b2187cbaa2
--- /dev/null
+++ b/tools/manage.ps1
@@ -0,0 +1,283 @@
+<#
+.SYNOPSIS
+  Helper script to run various tasks on ayon-core addon repository.
+
+.DESCRIPTION
+  This script will detect Python installation, and build OpenPype to `build`
+  directory using existing virtual environment created by Poetry (or
+  by running `/tools/create_venv.ps1`). It will then shuffle dependencies in
+  build folder to optimize for different Python versions (2/3) in Python host.
+
+.EXAMPLE
+
+PS> .\tools\manage.ps1
+
+.EXAMPLE
+
+To create virtual environment using Poetry:
+PS> .\tools\manage.ps1 create-env
+
+.EXAMPLE
+
+To run Ruff check:
+PS> .\tools\manage.ps1 ruff-check
+
+.LINK
+https://github.com/ynput/ayon-core
+
+#>
+
+# Settings and gitmodule init
+$CurrentDir = Get-Location
+$ScriptDir = Split-Path -Path $MyInvocation.MyCommand.Definition -Parent
+$RepoRoot = (Get-Item $ScriptDir).parent.FullName
+& git submodule update --init --recursive
+$env:PSModulePath = $env:PSModulePath + ";$($openpype_root)\tools\modules\powershell"
+
+$FunctionName=$ARGS[0]
+$Arguments=@()
+if ($ARGS.Length -gt 1) {
+    $Arguments = $ARGS[1..($ARGS.Length - 1)]
+}
+
+function Exit-WithCode($exitcode) {
+    # Only exit this host process if it's a child of another PowerShell parent process...
+    $parentPID = (Get-CimInstance -ClassName Win32_Process -Filter "ProcessId=$PID" | Select-Object -Property ParentProcessId).ParentProcessId
+    $parentProcName = (Get-CimInstance -ClassName Win32_Process -Filter "ProcessId=$parentPID" | Select-Object -Property Name).Name
+    if ('powershell.exe' -eq $parentProcName) { $host.SetShouldExit($exitcode) }
+
+    exit $exitcode
+}
+
+function Test-CommandExists {
+    param (
+        [Parameter(Mandatory=$true)]
+        [string]$command
+    )
+
+    $commandExists = $null -ne (Get-Command $command -ErrorAction SilentlyContinue)
+    return $commandExists
+}
+
+function Write-Info {
+    <#
+    .SYNOPSIS
+        Write-Info function to write information messages.
+
+        It uses Write-Color if that is available, otherwise falls back to Write-Host.
+
+    #>
+    [CmdletBinding()]
+    param (
+        [alias ('T')] [String[]]$Text,
+        [alias ('C', 'ForegroundColor', 'FGC')] [ConsoleColor[]]$Color = [ConsoleColor]::White,
+        [alias ('B', 'BGC')] [ConsoleColor[]]$BackGroundColor = $null,
+        [alias ('Indent')][int] $StartTab = 0,
+        [int] $LinesBefore = 0,
+        [int] $LinesAfter = 0,
+        [int] $StartSpaces = 0,
+        [alias ('L')] [string] $LogFile = '',
+        [Alias('DateFormat', 'TimeFormat')][string] $DateTimeFormat = 'yyyy-MM-dd HH:mm:ss',
+        [alias ('LogTimeStamp')][bool] $LogTime = $true,
+        [int] $LogRetry = 2,
+        [ValidateSet('unknown', 'string', 'unicode', 'bigendianunicode', 'utf8', 'utf7', 'utf32', 'ascii', 'default', 'oem')][string]$Encoding = 'Unicode',
+        [switch] $ShowTime,
+        [switch] $NoNewLine
+    )
+    if (Test-CommandExists "Write-Color") {
+        Write-Color -Text $Text -Color $Color -BackGroundColor $BackGroundColor -StartTab $StartTab -LinesBefore $LinesBefore -LinesAfter $LinesAfter -StartSpaces $StartSpaces -LogFile $LogFile -DateTimeFormat $DateTimeFormat -LogTime $LogTime -LogRetry $LogRetry -Encoding $Encoding -ShowTime $ShowTime -NoNewLine $NoNewLine
+    } else {
+        $message = $Text -join ' '
+        if ($NoNewLine)
+        {
+            Write-Host $message -NoNewline
+        }
+        else
+        {
+            Write-Host $message
+        }
+    }
+}
+
+$art = @"
+
+                    ▄██▄
+         ▄███▄ ▀██▄ ▀██▀ ▄██▀ ▄██▀▀▀██▄    ▀███▄      █▄
+        ▄▄ ▀██▄  ▀██▄  ▄██▀ ██▀      ▀██▄  ▄  ▀██▄    ███
+       ▄██▀  ██▄   ▀ ▄▄ ▀  ██         ▄██  ███  ▀██▄  ███
+      ▄██▀    ▀██▄   ██    ▀██▄      ▄██▀  ███    ▀██ ▀█▀
+     ▄██▀      ▀██▄  ▀█      ▀██▄▄▄▄██▀    █▀      ▀██▄
+
+     ·  · - =[ by YNPUT ]:[ http://ayon.ynput.io ]= - ·  ·
+
+"@
+
+function Write-AsciiArt() {
+    Write-Host $art -ForegroundColor DarkGreen
+}
+
+function Show-PSWarning() {
+    if ($PSVersionTable.PSVersion.Major -lt 7) {
+        Write-Info -Text "!!! ", "You are using old version of PowerShell - ",  "$($PSVersionTable.PSVersion.Major).$($PSVersionTable.PSVersion.Minor)" -Color Red, Yellow, White
+        Write-Info -Text "    Please update to at least 7.0 - ", "https://github.com/PowerShell/PowerShell/releases" -Color Yellow, White
+        Exit-WithCode 1
+    }
+}
+
+function Install-Poetry() {
+    Write-Info -Text ">>> ", "Installing Poetry ... " -Color Green, Gray
+    $python = "python"
+    if (Get-Command "pyenv" -ErrorAction SilentlyContinue) {
+        if (-not (Test-Path -PathType Leaf -Path "$($RepoRoot)\.python-version")) {
+            $result = & pyenv global
+            if ($result -eq "no global version configured") {
+                Write-Info "!!! Using pyenv but having no local or global version of Python set." -Color Red, Yellow
+                Exit-WithCode 1
+            }
+        }
+        $python = & pyenv which python
+
+    }
+
+    $env:POETRY_HOME="$RepoRoot\.poetry"
+    (Invoke-WebRequest -Uri https://install.python-poetry.org/ -UseBasicParsing).Content | & $($python) -
+}
+
+function Set-Cwd() {
+    Set-Location -Path $RepoRoot
+}
+
+function Restore-Cwd() {
+    $tmp_current_dir = Get-Location
+    if ("$tmp_current_dir" -ne "$CurrentDir") {
+        Write-Info -Text ">>> ", "Restoring current directory" -Color Green, Gray
+        Set-Location -Path $CurrentDir
+    }
+}
+
+function Initialize-Environment {
+    Write-Info -Text ">>> ", "Reading Poetry ... " -Color Green, Gray -NoNewline
+    if (-not(Test-Path -PathType Container -Path "$( $env:POETRY_HOME )\bin"))
+    {
+        Write-Info -Text "NOT FOUND" -Color Yellow
+        Install-Poetry
+        Write-Info -Text "INSTALLED" -Color Cyan
+    }
+    else
+    {
+        Write-Info -Text "OK" -Color Green
+    }
+
+    if (-not(Test-Path -PathType Leaf -Path "$( $repo_root )\poetry.lock"))
+    {
+        Write-Info -Text ">>> ", "Installing virtual environment and creating lock." -Color Green, Gray
+    }
+    else
+    {
+        Write-Info -Text ">>> ", "Installing virtual environment from lock." -Color Green, Gray
+    }
+    $startTime = [int][double]::Parse((Get-Date -UFormat %s))
+    & "$env:POETRY_HOME\bin\poetry" config virtualenvs.in-project true --local
+    & "$env:POETRY_HOME\bin\poetry" config virtualenvs.create true --local
+    & "$env:POETRY_HOME\bin\poetry" install --no-root $poetry_verbosity --ansi
+    if ($LASTEXITCODE -ne 0)
+    {
+        Write-Info -Text "!!! ", "Poetry command failed." -Color Red, Yellow
+        Restore-Cwd
+        Exit-WithCode 1
+    }
+    if (Test-Path -PathType Container -Path "$( $repo_root )\.git")
+    {
+        Write-Info -Text ">>> ", "Installing pre-commit hooks ..." -Color Green, White
+        & "$env:POETRY_HOME\bin\poetry" run pre-commit install
+        if ($LASTEXITCODE -ne 0)
+        {
+            Write-Info -Text "!!! ", "Installation of pre-commit hooks failed." -Color Red, Yellow
+        }
+    }
+    $endTime = [int][double]::Parse((Get-Date -UFormat %s))
+    Restore-Cwd
+    try
+    {
+        if (Test-CommandExists "New-BurntToastNotification")
+        {
+            $app_logo = "$repo_root\tools\icons\ayon.ico"
+            New-BurntToastNotification -AppLogo "$app_logo" -Text "AYON", "Virtual environment created.", "All done in $( $endTime - $startTime ) secs."
+        }
+    }
+    catch {}
+    Write-Info -Text ">>> ", "Virtual environment created." -Color Green, White
+}
+
+function Invoke-Ruff {
+    param (
+        [switch] $Fix
+    )
+    $Poetry = "$RepoRoot\.poetry\bin\poetry.exe"
+    $RuffArgs = @( "run", "ruff", "check" )
+    if ($Fix) {
+        $RuffArgs += "--fix"
+    }
+    & $Poetry $RuffArgs
+}
+
+function Invoke-Codespell {
+    param (
+        [switch] $Fix
+    )
+    $Poetry = "$RepoRoot\.poetry\bin\poetry.exe"
+    $CodespellArgs = @( "run", "codespell" )
+    if ($Fix) {
+        $CodespellArgs += "--fix"
+    }
+    & $Poetry $CodespellArgs
+}
+
+function Write-Help {
+    <#
+    .SYNOPSIS
+        Write-Help function to write help messages.
+    #>
+    Write-Host ""
+    Write-Host "AYON Addon management script"
+    Write-Host ""
+    Write-Info -Text "Usage: ", "./manage.ps1 ", "[command]" -Color Gray, White, Cyan
+    Write-Host ""
+    Write-Host "Runtime targets:"
+    Write-Info -Text "  create-env                    ", "Install Poetry and update venv by lock file" -Color White, Cyan
+    Write-Info -Text "  ruff-check                    ", "Run Ruff check for the repository" -Color White, Cyan
+    Write-Info -Text "  ruff-fix                      ", "Run Ruff fix for the repository" -Color White, Cyan
+    Write-Info -Text "  codespell                     ", "Run codespell check for the repository" -Color White, Cyan
+    Write-Host ""
+}
+
+function Resolve-Function {
+    if ($null -eq $FunctionName) {
+        Write-Help
+        return
+    }
+    $FunctionName = $FunctionName.ToLower() -replace "\W"
+    if ($FunctionName -eq "createenv") {
+        Set-Cwd
+        Initialize-Environment
+    } elseif ($FunctionName -eq "ruffcheck") {
+        Set-Cwd
+        Invoke-Ruff
+    } elseif ($FunctionName -eq "rufffix") {
+        Set-Cwd
+        Invoke-Ruff -Fix
+    } elseif ($FunctionName -eq "codespell") {
+        Set-Cwd
+        Invoke-CodeSpell
+    } else {
+        Write-Host "Unknown function ""$FunctionName"""
+        Write-Help
+    }
+}
+
+# -----------------------------------------------------
+
+Show-PSWarning
+Write-AsciiArt
+
+Resolve-Function