This paper studies a setting in which a risk averse agent must be motivatedto work on two tasks: he (1) evaluates a new project and, if adopted, (2)manages it. While a performance measure which is informative of an agentsaction is typically valuable because it can be used to improve the risk sharing ofthe contract, this is not necessarily the case in this two-task setting. I providea sufficient condition under which a performance measure that is informative ofthe second task is worthless for contracting despite the agent being risk averse.This shows that information content is a necessary but not a sufficient conditionfor a performance measure to be valuable