Page "Risk management" Paragraph 75

Ideal use of these strategies may not be possible.

Some of them may involve trade-offs that are not acceptable to the organization or person making the risk management decisions.

Another source, from the US Department of Defense ( see link ), Defense Acquisition University, calls these categories ACAT, for Avoid, Control, Accept, or Transfer.

This use of the ACAT acronym is reminiscent of another ACAT ( for Acquisition Category ) used in US Defense industry procurements, in which Risk Management figures prominently in decision making and planning.