They have a £153 billion ($257 billion) infrastructure program that is deemed a "high-risk project".
If Qatar were forced to pull out of hosting it could open the door for Australia, who lost out to the Gulf State in the 2022 bid.
Thousands of workers are building the stadiums with basic health and safety and have been subjected to life-threatening heat.
According to Human Rights Watch, hundreds of migrant workers have died in the process of trying to get the country prepared for the tournament.
But Qatar have remained bullish in their own statement by claiming the report is "laughable".
They said: "The intention to create doubt regarding the tournament, while attempting to cause resentment among Qatari citizens and anxiety among foreign businesses and residents, is as transparent as it is laughable.
"Despite the ambitious title of this report, there is absolutely no risk to the future of the first World Cup in the Middle East."