diff --git a/7Zip4Powershell/7Zip4Powershell.csproj b/7Zip4Powershell/7Zip4Powershell.csproj
index b2597ea..f4e30e4 100644
--- a/7Zip4Powershell/7Zip4Powershell.csproj
+++ b/7Zip4Powershell/7Zip4Powershell.csproj
@@ -19,20 +19,24 @@
   </ItemGroup>
 
   <ItemGroup>
-    <Reference Include="System.Management.Automation">
-      <HintPath>C:\Program Files (x86)\Reference Assemblies\Microsoft\WindowsPowerShell\3.0\System.Management.Automation.dll</HintPath>
-      <SpecificVersion>false</SpecificVersion>
+    <Reference Include="System.Management.Automation, Version=3.0.0.0, Culture=neutral, PublicKeyToken=31bf3856ad364e35, processorArchitecture=MSIL">
+      <SpecificVersion>False</SpecificVersion>
+      <HintPath>..\Libs\System.Management.Automation.dll</HintPath>
     </Reference>
   </ItemGroup>
 
   <ItemGroup>
     <PackageReference Include="GitVersionTask">
-      <Version>5.2.4</Version>
+      <Version>5.3.4</Version>
       <IncludeAssets>runtime; build; native; contentfiles; analyzers; buildtransitive</IncludeAssets>
       <PrivateAssets>all</PrivateAssets>
     </PackageReference>
+    <PackageReference Include="JetBrains.Annotations" Version="2020.1.0" />
+    <PackageReference Include="SevenZipSharp.Net45" Version="1.0.19" />
     <PackageReference Include="JetBrains.Annotations" Version="2019.1.3" />
     <PackageReference Include="Squid-Box.SevenZipSharp" Version="1.2.265" />
+    <PackageReference Include="JetBrains.Annotations" Version="2020.1.0" />
+    <PackageReference Include="SevenZipSharp.Net45" Version="1.0.19" />
     <PackageReference Include="System.Management" Version="4.7.0" />
   </ItemGroup>
 </Project>
\ No newline at end of file
diff --git a/7Zip4Powershell/Compress7Zip.cs b/7Zip4Powershell/Compress7Zip.cs
index 2493c63..d0f6686 100644
--- a/7Zip4Powershell/Compress7Zip.cs
+++ b/7Zip4Powershell/Compress7Zip.cs
@@ -32,6 +32,9 @@ public class Compress7Zip : ThreadedCmdlet {
         [Parameter(Position = 2, Mandatory = false, HelpMessage = "The filter to be applied if Path points to a directory")]
         public string Filter { get; set; } = "*";
 
+        [Parameter(HelpMessage = "Output path for a compressed archive")]
+        public string OutputPath { get; set; }
+
         private List<string> _directoryOrFilesFromPipeline;
 
         [Parameter]
@@ -183,9 +186,26 @@ public override void Execute() {
                     };
                 }
 
+                // Final path for the archive
+                var outputPath = !string.IsNullOrEmpty(_cmdlet.OutputPath) 
+                    ? _cmdlet.OutputPath 
+                    : _cmdlet.SessionState.Path.CurrentFileSystemLocation.Path;
+
+                // Check whether the output path is a path to the file
+                // The folder and file name cannot be the same in the same folder
+                if (File.Exists(outputPath)) {
+                    throw new ArgumentException("The output path is a file, not a directory");
+                }
+
+                // If the directory doesn't exist, create it
+                if (!Directory.Exists(outputPath)) {
+                    Directory.CreateDirectory(outputPath);
+                }
+
                 var directoryOrFiles = _cmdlet._directoryOrFilesFromPipeline
+                                                                        // Don't put outputPath here, it will break the relative path
                     .Select(path => new FileInfo(System.IO.Path.Combine(_cmdlet.SessionState.Path.CurrentFileSystemLocation.Path, path)).FullName).ToArray();
-                var archiveFileName = new FileInfo(System.IO.Path.Combine(_cmdlet.SessionState.Path.CurrentFileSystemLocation.Path, _cmdlet.ArchiveFileName)).FullName;
+                var archiveFileName = new FileInfo(System.IO.Path.Combine(outputPath, _cmdlet.ArchiveFileName)).FullName;
 
                 var activity = directoryOrFiles.Length > 1
                     ? $"Compressing {directoryOrFiles.Length} Files to {archiveFileName}"
diff --git a/Libs/System.Management.Automation.dll b/Libs/System.Management.Automation.dll
new file mode 100644
index 0000000..7ac6b7b
Binary files /dev/null and b/Libs/System.Management.Automation.dll differ
diff --git a/README.md b/README.md
index 0d7dc67..b85a57b 100644
--- a/README.md
+++ b/README.md
@@ -88,7 +88,9 @@ A list of all custom parameters can be found [here](https://sevenzip.osdn.jp/chm
 ### vNext
 
 * Replaces *SevenZipSharp.Net45* with *Squid-Box.SevenZipSharp* library.
- ([#57](https://github.com/thoemmi/7Zip4Powershell/pull/57), contributed by [@kborowinski](https://github.com/kborowinski))
+  ([#57](https://github.com/thoemmi/7Zip4Powershell/pull/57), contributed by [@kborowinski](https://github.com/kborowinski))
+* Adds new a parameter `OutputPath` for `Compress-7Zip`
+  ([#60](https://github.com/thoemmi/7Zip4Powershell/pull/60), contributed by [@iRebbok](https://github.com/iRebbok))
 
 ### [v1.10](https://github.com/thoemmi/7Zip4Powershell/releases/tag/v1.10)