Let's take the category of measure spaces with objects $(X,\mathcal{F},\mu)$ and avoid the morphisms for now (I'm not sure what they should be), where $X$ is a set, $\mathcal{F}$ is a $\sigma$-algebra, and $\mu$ is a measure on this space. If we forget that $\mathcal{F}$ is a $\sigma$-algebra and just think of it as an algebra, we have a forgetful functor into the category of premeasures.
There is the usual way of getting a measure from a premeasure by using outer measures and Caratheodory's criterion. On the other hand, there is usually an adjoint to a forgetful functor.
Is there some way to fill in the details (pick out morphisms "correctly" maybe) so that these ideas are the same thing?