Here you are, a tutorial for the CPU Undervolt:
http://rog.asus.com/forum/showthread.php?52467-Got-your-new-G751JY-G751JT-G751JM-Post-your-review-te...If you can go to -90mv/-100mv as I did in the tutorial then I recommend keeping more safe values like -80mv and -80mv because I did eventually have problems with -90mv/-100mv and the laptop has restarted a few times when I was playing Crysis 3.
As for the GPU recommendation, I would suggest no OC at the moment since the GTX980m is already powerful enough and can handle all current titles at very high details (just don't go too high with the AntiAliasing. 2xMSAA would be more than enough).
But, if you do want to OC the GPU later, then I would recommend a +135Mhz to core and a 5700Mhz memory. But, you have to check if these values are safe for your laptop as they are for mine, because the chips can vary from user to user. The GPU OC won't do much damage as the GPU temp won't raise too much, but do not go as far as changing the Voltage and do not exceed with the Memory OC. Unfortunately, I do not have any tutorial for the GPU overclock but I am usually using Nvidia Inspector so I can easily make OC Profiles that I activate only when I need them. You can find many tutorials about Nvidia Inspector on the internet. Since you already know the values that I am using, it will be easy for you to make an OC yourself.
Keep in mind that Overclocking could void your warranty if the GPU is damaged in the process. The damage usually appears from too high temperature, so you should keep an eye on the temperature everytime you are testing an OC.
The Undervolting is quite the opposite. Undervolting is safe and it will not void your warranty as the process can't actually damage the chip, and the guys from the service can't even verify if the voltage was changed with a negative offset.