To perform a Precision Pass, you have a few options:
Press R1 + ▲ || RB + Y for a Precision Ground Pass
Can be modified to add Swerve with L2 || LT (More info below)
Press R1 + ■ || RB + X for a Precision Lob Pass
This new mechanic introduces more skill to passes and is designed so that players who can carve out their own space and aim precisely are rewarded for it.
The following attributes are the ones that matter most when attempting a Precision Pass:
Long Passing and Short Passing, with Vision and Composure contributing to a lesser extent, Curve for Swerve attempts.
These attributes increase Precision Lob Passes’ accuracy and the quality of Precision Ground Passes.